Accounting for uncollectible accounts using the allowance and reporting accounts receivabl...

Accounting for uncollectible accounts using the allowance and reporting accounts receivable on the balance sheet method

Consider the following January transactions for Shine King Cleaning:

Requirements

1. Prepare all required journal entries and post them to Shine King’s ledger.

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2. Reconcile the Accounts receivable control account to the Accounts receivable subsidiary ledger.