Aging of receivable method: Bad debts expense can be recognized with several methods. Aging of receivable method is one of those methods. In this method the receivables are categorized into different categories according to the age and percentage of uncollectible is determined for each age and bad debts are calculated using these percentages. 1. Journalizing ad posting the transactions related to accounts receivables. To prepare: The journal entries for the given transactions

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Chapter 9, Problem P9.31APGA

To determine

Aging of receivable method:

Bad debts expense can be recognized with several methods. Aging of receivable method is one of those methods. In this method the receivables are categorized into different categories according to the age and percentage of uncollectible is determined for each age and bad debts are calculated using these percentages.

1. Journalizing ad posting the transactions related to accounts receivables.

To prepare: The journal entries for the given transactions

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