At September 30, 2016, the accounts of Green Terrace Medical Center (GTMC) Durin
ID: 2410617 • Letter: A
Question
At September 30, 2016, the accounts of Green Terrace Medical Center (GTMC) During the last quarter of 2016, GTMC completed the following selected include the following: Accounts Receivable Allowance for Bad Debts (credit balance) transactions (Click the icon to view the transactions.) (Click the icon to view the transactions.) S 140,000 3,100 Read the requirements Requirement 1. Journalize the transactions. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Dec. 28: Wrote off accounts receivable as uncollectible: Red, Co, $1,100 Owen Reis, $1,000; and Pristine Company $700 Date 2016 Dec. 28 Accounts and Explanation Debit CreditExplanation / Answer
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Workings:
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Date Account description Debit Credit 28-Dec-16 Allowance for Bad Debts $ 2,800 Red Co. $ 1,100 Owen Reis $ 1,000 Pristine Co. $ 700 (Being Receivables written off)Related Questions
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