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

    Jan 28, 2008, 10:49 AM
    Allowance for Doubtful Accounts
    An aging of a company's accounts receivable indicates that $4,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 debit balance, the adjustment to record bad debts for the period will require what type of entry?
    justwonder2's Avatar
    justwonder2 Posts: 12, Reputation: 2
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    #2

    Feb 3, 2008, 02:54 PM
    A debit to Allowance for doudtful account for $4,000
    A credit to Accounts receivable of $4,000
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