Homework: Week 5 - Chapter 08 problems Save score: 0 of 1 pt | 6017(4 complete)

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Homework: Week 5 - Chapter 08 problems Save score: 0 of 1 pt | 6017(4 complete) ? | HW Score: 25 48%, 1.78 of 7 P9-35B (similar to) Question Help ? At September 30, 2016, the accounts of Mountain Terrace Medical Center During the last quarter of 2016, MTMC completed the following selected transactions (MTMC) include the following Accounts Receivable Allowance for Bad Debts (credit balance) (Cick the icon to view the transactions.) S 142,000 3,200 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, $900, and Patterson Company $800 Debit Credit Date 2016 Dec 28 Accounts and Explanation

Explanation / Answer

Req2

Req 3

DR CR Dec-28 Allowance for bad debt 2800 Account Receivable-Red Co 1100 Account Receivable-Owen Reis 900 Account Receivable-Patterson Company 800 Dec-31 Bad Debt Expense 6518 Allowance for Bad debts 6518 (6918-400)

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