Correct answer----------(b) debit to bad debts expense for $4,879
Working
Estimated balance of allowance for uncollectables | $ 4,053.00 | Cr |
Balance in Allowance for uncollectable account (Dr) | $ 826.00 | Dr |
Total bad debts to be recorded | $ 4,879.00 | Cr |
The Completed entry to be be made is given below
General Journal | Debit | Credit |
Bad debts expense | $ 4,879 | |
Allowance for doubtful accounts | $ 4,879 | |
(To record bad debts expense) |
Calculator An aging of a company's accounts receivable indicates that the estimate of uncollectible accounts totals...
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