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    mshangle's Avatar
    mshangle Posts: 4, Reputation: 1
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    #1

    Dec 16, 2007, 04:08 PM
    Allowance of Doubtful Accounts
    Based on the following selected data, journalize the adjusting entries as of December 31 of the current year:

    Estimated uncollected accounts at December 31, $6940, based on an aging of accounts receivable. The balance of Allowance for Doubtful Accounts at December 31 was $600 (debit).

    What is the journal entry? :confused: :confused:
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #2

    Dec 17, 2007, 08:55 AM
    Is the above a question or a demand for an answer? Please provide what you think are the answers first, and why you think they are the correct answers. Maybe then, you will receive help in solving the problems for your homework here.

    I repeat an answer from a previous post to you below.

    Mshangle, below are the rules and also the link to, for asking homework questions on this site. Please follow them. Please also do not answer questions by using the rating system. If you do use the rating system to respond to questions, you risk being evaluated for your potential to remain a member of this site. Thank you!

    https://www.askmehelpdesk.com/math-sc...-b-u-font.html

    Read this first: Expectations for the Homework Help board
    Do not simply retype or paste a question from your book or study material

    We won't do your homework questions for you.
    You were given the assignment for you to learn.

    If you come up with your own answer and post it for us to critique that is within reason.

    If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.
    But this is your assignment, so show us you have at least attempted to complete it on your own.

    Thank you.

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Allowance of Doubtful Accounts [ 3 Answers ]

Based on the following selected data, journalize the adjusting entries as of December 31 of the current year: Estimated uncollected accounts at December 31, $6940, based on an aging of accounts receivable. The balance of Allowance for Doubtful Accounts at December 31 was $600 (debit). What is...


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