Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. s7-9. percent of sales allowance method. wilson au

S7-9. Percent of sales allowance method. Wilson Auto Repair ended 2013 with accounts receivable of...

60.1K

Verified Solution

Question

Accounting

S7-9. Percent of sales allowance method. Wilson Auto Repair ended 2013 with accounts receivable of 85000 and a credit balance in allowance for uncollectible balance of 11,000. During 2014, Wilson's Auto Repair had the following activity: a. service revenue earned on account, 535000 b. collections on account, 575000 c. write offs of uncollectibles, 19000 d. bad debt expense, estimated as 3% of service revenue. Journalize Wilson's Auto Repair's activitity of 2014

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The diameter of a nickel is 21 mm . How far from your eye must it...

Physics
Q

1. Solve the following word problem. You should get infinite solutions. So find the pattern for...

Advance Math
Q

The people are the ultimate source of authority in which governmental system Omonarchy O dictatorship...

Biology
Q

Select all of the ways in which paedomorphosis affects the Common mud puppy salamander Necturus...

Biology
Q

Use Mersenne s law to answer the following question A certain stretched string has a...

Physics
Q

Equation of a plane progressive wave is given by y 0 6sin 2 t On...

Physics
Q

A body starts from rest with acceleration 2 m s for some time then retards...

Physics
Q

There are 630 dishes that need to be rinsed. Omar can rinse them in 105...

Basic Math
Q

The following table shows the results of a survey of 100 authors by a publishing...

Algebra
Q

logarithm problem for the positive log x 1 32 5

Algebra
Q

Prepare a tabular summary to record the following transactions on Blossom Company's books using a...

Accounting
Q

1 3 4. Pharoah Co provides music lessons to many clients across the city. The...

Accounting