Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   What are my adjusting entries for Allowance Uncollectible Accounts? (https://www.askmehelpdesk.com/showthread.php?t=520617)

  • Oct 26, 2010, 09:22 PM
    joeyallen11270
    What are my adjusting entries for Allowance Uncollectible Accounts?
    My company has determined that the balance in Accounts Receivable in the amount of $6,500 will not be collected. The Allowance for Uncollectible Accounts account has a credit balance of $2,000 before any adjustments have been made. What adjusting entries do I need to make to show the $6,500 will not be collected?

  • All times are GMT -7. The time now is 05:09 AM.