l ll year end. uu. Baratheon\'s credit manager estimates that $5,200 will prove
ID: 2510292 • Letter: L
Question
l ll year end. uu. Baratheon's credit manager estimates that $5,200 will prove to be uncollectble As of December 31, 2016, $130,000 of (a) Prepare the adjusting entry to record the estimated uncollectible expense in 2016 General Journal Date Account Title Debit Credit 17, the credit manager authorizes a write-off of the $1,000 account owed by Martel On March 4, before the write-off, assume the balance of the Accounts Receivable Consultants, Inc. account is $140,000 and the balance in Allowance for Doubtfiul Accounts is a credit of $4,000. Journalize the appropriate entry to record the write-off of Martel's account. General Journal Credit Debit Date Account Titdle On July 22, 2017 Baratheon is able to collect the Martel Consultants account written-offin MarchExplanation / Answer
I am solving b)part here
b)Mar 4: allowance for doubtful accounts(db)1000
aCCOUNT RECEIVABLE(CR)1000
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.