a) Record the adjusting entry at 12/31/19, the end of the fiscal year to provide for doubtful accounts. The accounts receivable account has a balance of $100,000 and the contra asset account, before...


a) Record the adjusting entry at 12/31/19, the end of the fiscal year to provide for doubtful accounts. The accounts receivable account has a balance of $100,000 and the contra asset account, before adjustment has a debit balance of $700. Analysis of receivables indicates doubtful accounts of $4,500
b) In March of the following fiscal year $610 owed by the Filthy Disgusting Yankees Inc was written off.
c) Six months later the $610 is reinstated and payment of that amount received



Jun 09, 2022
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