Question: Update Apple ID Settings ACC 101-228Fall20Timothy Some account services will not be View available until you sign in again. Homework: Exam 4 Review Save Score:


Update Apple ID Settings ACC 101-228Fall20Timothy Some account services will not be View available until you sign in again. Homework: Exam 4 Review Save Score: 0 of 3 pts 2 of 4 (0 complete) HW Score: 0%, 0 of 10 pts P8-29A (similar to) Question Help At September 30, 2018, the accounts of East Terrace Medical Center (ETMC) include the following: During the last quarter of 2018, ETMC completed the following selected transactions: Accounts Receivable $ 140,000 i (Click the icon to view the transactions.) Allowance for Bad Debts (credit balance) 3,600 Read the requirements. Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the two accounts. Begin by journalizing the transactions. (Record debits first, then credits. Exclude explanations from journal entries.) Sales on account, $440,000. Ignore Cost of Goods Sold. i More Info - X Date Accounts and Explanation Debit Credit 2018 . Sales on account, $440,000. Ignore Cost of Goods Sold. Dec. 31 . Collections on account, $374, 100 . Wrote off accounts receivable as uncollectible: Raja Co., $1,800; Oscar Waters, $1,000; and Parket, Inc., $600. . Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days Accounts Receivable $ 105,000 $ 37,000 $ 15,000 $ 45,500 Estimated percent uncollectible 0.2% 2% 20% 25% Print Done ? Choose from any list or enter any number in the input fields and then click Check Answer. 5 parts Clear All Check Answer remaining
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