Score: 1.93 of 4 pts 6 of 8 (6 complete) My Score: 50.71%, 14.93 of 25 & P8-30A

Question

Score: 1.93 of 4 pts 6 of 8 (6 complete) My Score: 50.71%, 14.93 of 25 & P8-30A (similar to Question Help Gitter Watches completed the following selected transactions during 2018 and 2019 (Clik the lcon to view the transactions) Read the requirements Now post the transactions to the two T-accounts. (Enter O' on the normal side of the account for any zero balances) Allowance for Bad Debts Bad Debts Expense Choose from any list or enter any number in the Input lelds and then click Check Answer Clear All Check Answer MacBook Air 3

Explanation / Answer

Allowance for Bad Debts Bad Debts Expense Debit Credit Debit Credit 0 Beg.Bal. Beg.Bal. 0 9200 Dec.31,2018 Dec.31,2018 9200 9200 Dec.31,2018 0 9200 9200 End.Bal. 9200 9200 2019 Debit Credit 2019 Debit Credit Jun.29, 2019 600 9200 Jan.1, 2019 Jan.1, 2019 0 Dec.31. 2019 2700 600 Aug.6,2019 Dec.31. 2019 10000 10000 Dec.31,2019 10000 Dec.31. 2019 3300 19800 10000 10000 16500 End.Bal. Balance sheet (partial) as at Dec.31, 2019 Assets Current assets Accounts Receivable 137000 Less: Allowance for bad debts 16500 Accounts Receivable , net 120500

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