PT ABC shows these balances at beginning 2019 (in Rp000): Piutang usaha Penyisihan piutang tak tertagih Accounts Receivable Allowance for doubtful accounts (AFDA) 201.000 9.000 Cr During 2019, it had the following balances: Penjualan bersih non-tunai | Net credit sales Penagihan piutang usaha Penghapusan piutang tak tertagih Penagihan piutang usaha _yang telah dihapus 820.000 Collection of receivables 763.000 Written off uncollectible AR 7.300 AR previously written off as uncollectible was recovered 3.100

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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4. Determine the ending balance of Accounts
Receivable
as of December 31, 2019.

5. What is the net realizable value of the
receivables at the end of 2019?

6. The company has a notes receivable of
Rp24,000 at January 15, 2019 for 3 months at
10% interest rate. Prepare journal entry as of
April 15, 2019, on its due date.

PT ABC shows these balances at beginning 2019 (in Rp000):
Piutang usaha
Penyisihan piutang tak
tertagih
Accounts Receivable
Allowance for doubtful
accounts (AFDA)
201.000
9.000 Cr
During 2019, it had the following balances:
Penjualan bersih non-tunai | Net credit sales
Penagihan piutang usaha
Penghapusan piutang tak
tertagih
Penagihan piutang usaha
_yang telah dihapus
820.000
Collection of receivables
763.000
Written off uncollectible AR
7.300
AR previously written off as
uncollectible was recovered
3.100
Transcribed Image Text:PT ABC shows these balances at beginning 2019 (in Rp000): Piutang usaha Penyisihan piutang tak tertagih Accounts Receivable Allowance for doubtful accounts (AFDA) 201.000 9.000 Cr During 2019, it had the following balances: Penjualan bersih non-tunai | Net credit sales Penagihan piutang usaha Penghapusan piutang tak tertagih Penagihan piutang usaha _yang telah dihapus 820.000 Collection of receivables 763.000 Written off uncollectible AR 7.300 AR previously written off as uncollectible was recovered 3.100
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