Question

record the following transaction

- X i More Info a. Sales revenue on account, $271,200 (ignore Cost of Goods Sold). b. Collections on account, $222,000 c. Write-offs of uncollectibles, S6,400 d. Bad debts expense of $5,300 was recorded Print Done ceiuablo Allowanco for Rad Dabte and Rad Dobte Evnanco Tnccounte and dotormine tho andina balance of aach nccount - X i Requirements 1.Nournalize Winter Retreats's transactions for 2018 assuming Winter Retreats uses the allowance method 2. Post the transactions to the Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense T-accounts, and determine the ending balance of each account 3. Show how accounts receivable would be reported on the balance sheet at December 31, 2018 Done Print

Answer 1