this is my fourth time posting this question

% P8-28A (book/static) Question On August 31, 2018, Bouquet Floral Supply had a $140,000 debit balance in Accounts Receivable and a $5,600 credit balance in Allowance for Bad Debts. September, Bouquet made: Sales on account, $550,000. Ignore Cost of Goods Sold. Collections on account, $584,000 .Write-offs of uncollectible receivables, $4,000, Read the requirements Wrote off uncollectible accounts. Post to Accounts Receivable and Bad Debts Expense and show their balances at September 30, 2018. (Enter the beginning balance if applicable. Then post transactions and calculate the account balance at September 30, 2018.) Accounts Receivable Bad Debt Expense Choose from any list or enter any number in the input fields and then click Check Answer. Je for Bad made: A A Requirements 5550,00 unt, $5 ectible off uncolle ceivable lculate the 1. Journalize all September entries using the allowance method. Bad debts expense was estimated at 2% of credit sales. Show all September activity in Accounts Receivable. Allowance for Bad Debts, and Bad Debts Expense (post to these T-accounts). 2. Using the same facts, assume that Bouquet used the direct write-off method to account for uncollectible receivables. Journalize all September entries using the direct write-off method. Post to Accounts Receivable and Bad Debts Expense, and show their balances at September 30, 2018 3. What amount of Bad Debts Expense would Bouquet report on its September income statement under each of the two methods? Which amount better matches expense with revenue? Give your reason. 4. What amount of net accounts receivable would Bouquet report on its September 30, 2018, balance sheet under each of the two methods? Which amount is more realistic? Give your reason. Alicable. Then Accoul list or entd Print Print Dono Read the PLAR Requirement 1. Journal al September entries using the allowance method. Bad Debts Expense was estimated at 2% of credit sales. Show all September activity in Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense out to these count) Begin by oumaling all September entries using the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Sales on account $550,000. Ignore Cost of Goods Sold Date Accounts and Explanation Sep 30 550.000 Accounts Receivable Sales Revenge 550.000 Record sales for the month Collections on woo 5664,000 Choose from a list of enter any number in the input fields and then ack Check Answer 4 4 ans Check Answer 47480.1084 UNUCUS On account, $584.000. Write-offs of uncollectible receivables, $4,000. Read the focuirements Collections on account, $584,000. Date Debit Credit Sep 30 Accounts and Explanation Cash Accounts Receivable 584,000 584,000 Collected cash on account Write-offs of uncollectible receivables, $4,000. Date Accounts and Explanation Allowance for Bad Debts Sep 30 Credit Debit 4,000 Choose from any list or enter any number in the input fields and then click Check Answer 4 parts + remaining Clear All 9099 read the requirements Write-offs of uncollectible receivables, $4,000. Date Debit Credit Accounts and Explanation Allowance for Bad Debts Accounts Receivable 4,000 Sep. 30 4,000 Wrote off uncollectible accounts. Journalize the Bad Debts Expense for September using the allowance method. Bad Debts Expense was estimated at 2% of credit sales. Credit Date Accounts and Explanation Sep. 30 Bad Debts Expense Dobit 11,000 Choose from any list or enter any number in the input fields and then click Check Answer. 4 parts 4 remaining Clear All H UWUCLUID ILOVOUIGS, VUU. Read the requirements Journalize the Bad Debts Expense for September using the allowance method. Bad Debts Expense was estimated at 2% of credit sales. Date Accounts and Explanation Debit Credit Sep. 30 Bad Debts Expense 11,000 Allowance for Bad Debts 11,000 Recorded bad debts expense for the period. Post all September entries in the appropriate T-accounts and calculate the ending balance in each account. (Enter the beginning balance if applicat balance at September 30, 2018.) Accounts Receivable Allowance for Bad Debts Choose from any list or enter any number in the input fields and then click Check Answer 4 parts 4 remaining Clear All On August 31, 2018, Bouquet Floral Supply had a $140,000 debit balance in Accounts Receivable and a $5,600 credit balance in Allowance for Bac Sales on account, $550,000. Ignore Cost of Goods Sold. Collections on account, $584,000. Write-offs of uncollectible receivables, $4,000. Read the requirements Accounts Receivable Aug. 31, 2018 Bal. 140,000 584,000 Collections Net credit sales 550,000 4,000 Write-offs Sep 30, 2018 Bal 102.000 Write-offs Allowance for Bad Debts 4,000 5,600 Aug. 31, 2018 Bal. 11,000 Adj. Bad debts 12,600 Sep 30, 2018 Bal. Bad Debt Expense Adj Bad debts Sep 30, 2018 Bal 11,000 11,000 Requirement 2. Using the same facts, assume that Bouquet used the direct write-off method to account for uncollectible receivables. Journalice all Septem Accounts Receivable and Bad Debts Expense, and show their balances at September 30, 2018 Choose from any list or enter any number in the input fields and then click Check Answer 4 parts + remaining Clear All Requirement 2. Using the same facts, assume that Bouquet used the direct write-off method to account for collectible receivables Journalize al September entries using the direct write-off method. Post to Accounts Receivabad Bad Debts Expense and show the balances September 30, 2018 Begin by journalizing al September entries using the direct write-off method. Record debits first, then credits Select the explanation on the last line of the journal entry table) Sales on account, $550.000. Ignore Cost of Goods Sold Date Accounts and Explanation Debat Credit Sep 30 Accounts Receivable 550.000 Save 550.000 Record sales for the month Choose from any of enter any number in the outside and then click Check A 4 min parts Clear All Check Answer Read the requirements Write-offs of uncollectible receivables, $4,000. Date Credit Debit 4,000 Sep 30 Accounts and Explanation Bad Debts Expense Accounts Receivable 4,000 Wrote off uncollectible accounts Post to Accounts Receivable and Bad Debts Expense and show their balances at September 30, 2018. (Enter the beginning balance if applicable. Then post September 30, 2018.) Accounts Receivable Bad Debt Expense Choose from any list or enter any number in the input fields and then click Check Answer 4 4 parts remaining Clear All