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    purpleluv88's Avatar
    purpleluv88 Posts: 1, Reputation: 1
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    #1

    Sep 5, 2009, 08:47 AM
    How to do the 'Allowance for Doubtful debt' ledger?
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 5, 2009, 05:49 PM

    Please see the guidelines for posting homework problems:
    Ask Me Help Desk - Announcements in Forum : Homework Help
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