Allowance-Doubtful Accts (CA) beginning balance $11,600. 5/13/2024 -5% of Accounts Receivables are bankrupt, and not expected to be paid. $755,150 Accounts receivable on 5/13/2023. Prepare the journal entry for ADA on 5/13/2024 and Prepare an aging schedule that shows 6% of all accounts receivable are estimated to be uncollectible at the end of 2024year (end of 2024 year - adjusting entry).
Allowance-Doubtful Accts (CA) beginning balance $11,600. 5/13/2024 -5% of Accounts Receivables are bankrupt, and not expected to be paid. $755,150 Accounts receivable on 5/13/2023. Prepare the journal entry for ADA on 5/13/2024 and Prepare an aging schedule that shows 6% of all accounts receivable are estimated to be uncollectible at the end of 2024year (end of 2024 year - adjusting entry).
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Allowance-Doubtful Accts (CA) beginning balance $11,600.
5/13/2024 -5% of Accounts Receivables are bankrupt, and not expected to be paid. $755,150 Accounts receivable on
5/13/2023. Prepare the journal entry for ADA on 5/13/2024 and Prepare an aging schedule that shows 6% of all accounts
receivable are estimated to be uncollectible at the end of 2024year (end of 2024 year - adjusting entry).
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