Homework Answers
d) Journal entry
| No | Account and explanation | Debit | Credit |
| d | Bad debt expense (26820-14019) | 12801 | |
| Allowance for doubtful accounts | 12801 | ||
Ending balance of account receivable = 109052
Ending balance of allowance for doubtful accounts = 26820
e) Net realizable value = 109052-26820 = 82232
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