Question: This is for allowance method entries. What did I do wrong? The amount of bad debt expense is affected by the balance in the allowance
The amount of bad debt expense is affected by the balance in the allowance account. Learning Objective 4. 2. b. Post each entry that affects the following T accounts and determine the new balances: Allowance for Doubtful Accounts Apr. 3 v July 16 v Dec. 31 v 11,350 Jan. 1 Balance 12,240 Jan. 19 v 19,425 Nov. 23 V 41,600 Dec. 31 Unadjusted Balance v Dec. 31 Adjusting Entry v Dec. 31 Adjusted Balance 1,980 | 3,225 v 3,790 V 47,490 X 43,700 V Bad Debt Expense Cneck My t more Check Mv Work uses remaining
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