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View Full Version : How to do the 'Allowance for Doubtful debt' ledger?


purpleluv88
Sep 5, 2009, 08:47 AM
31/05/20x7 - Allowance for doubtful debts account, $14,658 Cr.
during June 20x7, wrote off debts of $14,300.
30/06/07 - unadjusted balance of Accounts Receivable Control, $685,300 Dr.
June 20x7 - estimated doubtful debts, 2% of accounts receivables.
accounts balanced at each month end and reporting date 30 June.

Prepare Allowance for doubtful debt ledger for period 31/05 to 30/06 using T-account format. :confused:

TQ :)

morgaine300
Sep 5, 2009, 05:49 PM
Please see the guidelines for posting homework problems:
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