marks People Window Help 5% D Thu 8:49 PM CengageNowv 2 I Online teaching and le

Question

marks People Window Help 5% D Thu 8:49 PM CengageNowv 2 I Online teaching and learning resource from Cengage Learning gnmentMain.do?invoker=&takeAssignmentSessionLocator; t-takedinprogressa Low Battry rour Mac will sleep soon unless plagged into a power outiet Book Show Me How ?Calalatr Entries for uncollectible accounts, using direct write-off method Chart of Accounts Jan. 19 Soid merchandise on account to Dr. Kyle Norby, $17,910. The oost of the gcods sold was $9,820 June 2 Received $4,670 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as Oct. 23 Reinstated the acount of Dr. Kyle Noby that had been writen off on June 2 and receved $13.240 cash in full payment dect wte-of method of transactions in the accounts of Caryon Rliver Medical Co, a medical equipment company that uses he Joumalize the above accounäing for uncollectibie receivables. Refer to he Chart of Accounts or exact wording of account stes Previous Ned 2 more Check My Work uses nemaining. 20 del

Explanation / Answer

Date Accounting titles & Explanations Debit Credit 19-Jan Account receivable 17,910 sales 17,910 cost of goods sodl 9,920 merchandise inventory 9,920 2-Jun Cash 4,670 Bad debts expense 13,240 Account receivable 17,910 23-Oct Account receivable 13,240 Bad debts expense 13,240 cash 13,240 Account receivable 13,240

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.