Question: TB Problem 8 - 2 1 4 ( Algo ) The following summarizes the aging of accounts... The following summarizes the aging of accounts receivable
TB Problem Algo The following summarizes the aging of accounts...
The following summarizes the aging of accounts receivable for Johnston Supplies, Incorporated as of July :
Required:
a The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the
amount of $ on July Prepare the required adjusting entry to record Bad Debt Expense for the year.
b Johnston Supplies, Incorporated writes off $ of uncollectible accounts on August Prepare the required adjusting
entry to record the writeoff.
c Use a Taccount to determine the account balance in the Allowance for Doubtful Accounts on August
Complete this question by entering your answers in the tabs below.
Required A
Required C
Use a Taccount to determine the account balance in the Allctvance for Doubtful Accounts on August
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