The ledger of Costello Company at the end of the current year shows Accounts Rec
ID: 2555155 • Letter: T
Question
The ledger of Costello Company at the end of the current year shows Accounts Receivable $131,000, Sales Revenue $859,000, and Sales Returns and Allowances $29,000.
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
SHOW LIST OF ACCOUNTS
LINK TO TEXT
No.
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
Dec. 31
SHOW LIST OF ACCOUNTS
LINK TO TEXT
No.
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
Dec. 31
SHOW LIST OF ACCOUNTS
The ledger of Costello Company at the end of the current year shows Accounts Receivable $131,000, Sales Revenue $859,000, and Sales Returns and Allowances $29,000.
Explanation / Answer
1)
2)
(c)
Date Account titles and explanation Debit Credit Dec. 31 Bad Debt Expense $2,400 Accounts Receivable-L. Dole’s $2,400Related Questions
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