Hi, I'm having trouble journalizing this question. Could someone break it down for me? Thanks.
Homework Answers
The journal entries are prepared as below:
a)
| Date | Account Titles | Debit | Credit | |
| a) | December 31, 2014 | Bad Debt Expense (540,000*1.8%) | $9,720 | |
| Allowance for Doubtful Accounts | $9,720 | |||
| b) | Jun 1, 2015 | Allowance for Doubtful Accounts | $2,500 | |
| Accounts Receivable, Bubba Long | $2,500 | |||
| c) | December 25, 2015 | Accounts Receivable, Bubba Long | $2,500 | |
| Allowance for Doubtful Accounts | $2,500 | |||
| Cash | $2,500 | |||
| Accounts Receivable, Bubba Long | $2,500 |
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thank you in advance .
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Please tell me what is supposed to go into each specific box,
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having trouble completing this assighment. someone help ?
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Could someone explain to me how they got the answers to
questions I got wrong?
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Reinstated the account of Arlene Gurley, which had been written
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Please try to keep the same format!
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