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Wela Wanche come the following recederaastonsure 21 and Requirements 1 The accounts for lowance for Bad Dites and Bad De Expense have been opened for you. Hecord the transactions in the generat urna. Post to the To T-accounts and keep running balances, assuming accounts begin with a corban 2 Asume te Documerat 2017 balance of Accounts Receivable 131.000 Show how retous recevable would be reported on the balance sheet at that del Requirement. The accounts for lowance for Bad Dents and Bad Dests Expense have been opened for you. Record the transactions in the general oomal Post to two Taccounts and seep running balances, assuming at account begin with a balance Record orbis test the credits Select the explanation on the store journal entry table. Atbreios ned. Ad Astigantry Close Closing entry, WOW Begin by recording the 2016 transactions Dec 31 Extend out bas its expense for twowww of credit sales of $400,000 and recorded that amount as expense. The company uses the lowance method Date Accounts and Explanation De Credit 2016 Dec 31 (Adi) Dec 31 Made the closing entry for bad debis expense Choose from any it or enter any number in the input told and then continue to the next question Beta Watches completed the following selected ansactions during 2016 and 2017 (Click the icon to view the transactions.) Requirements 1. The T-accounts for Allowance for Bed Debts and Bad Debts Expense have been opened for you. Record the transactions in the general Journal Post to the two T-accounts and keep running balanom, with a zero balance 2 Assume the December 31, 2017, balance of Accounts Receivable is $131,000. Show how ret accounts receivable would be reported on the balance sheet at that dan Debit Credit Dec 31 Made the closing entry for bad debts expense Date Accounts and Explanation 2016 Dec 31 (Clos) Post to the two T-accounts and keep running balances, assuming all accounts begin with a zero balance. (Pout the December 31 entry on the first line of the account and calculate the December 31 balance on account. Then post the closing entry on the third line of the account and calculate the January 1, 2017 balance on the last line of the account. Enter "O on the normal side of the account for any zero balance Allowance for Bad Debts Bad Debts Expense Jan 1 2016 Bal Jan 1 2016 Bal 0 10 Choose from any lat or enter any number in the input fields and then continue to the next question futa Watches come the following selected transactions during 2016 and 2017 Requirements T 1.accounts for Allowance for at dette and Tad Debts Expense have opened for you. Record transactions in the general joumat Post to the two Taccounts and poing balance auming tege who Assume the December 31, 2017 balance et Accounts Receivable as $131.000 Show how et accounts receivable would be reported on the balance sheet at that tuto 2 Post to sew accounts and keep running balances in countaben wiha zoro balance (Ponte December 31 entry on the first of the account and career December 31 balance on the second tofa . Thannow the coming oney on the hand of the account and store the day 1, 2017 balance on the last of court. Enter on the now side of the account for any 200 balance.) Allowance for ad Dots Bad Debts Expense 1 2016 Jun 1 2018 Now record the 2017 transactions in the Jan 17 Sometry to Mary V5909, on account ignore Cost of Goods Sold Date Accounts and explanation Det Credit Choose from a story number in the input folds and then continue to the next bon Beta Watches completed the following selected transactions during 2016 and 2017 click the icon to view the transactions Requirements 1 The Taccount for Arowance for Bad Debts and Bad Debit pas been opened for you. Record the nation in the general al Post to two accounts and consuming mga zor balance 2 Anne December 31, 2017, balance of Accounts Receivable $131,000. Show how it counter would be reported on the newest at the date Junto ventory to Mary V5900, on contre Cost of Good old Date Accounts and Explanation Do Credit 2012 Jan 17 On 29 Wrole of Marty Vers account as uncollectible repeated forts to collect from him Date Account and Explanation Debit Credit 2017 Jun 29 Aug 6: Receved 1900 from Marty Vide wong with a letter apologizing for being soon Rointed Vier's account inful and recorded the cash monipt Start by recording the entry to reinstate Viter's account Date Accounts and Explanation Debut Credit 2017 Augo Date Debit Credit Now record the $900 received from Marty Vilar Accounts and Explanation 2017 Aug Date Dec 31 Mace a compound entry to write of the following accounts as uncollectible Bob Koffer $1,900 Mary Martin $1,000 and Robert Ronnon, 5400 Accounts and explanation Debit Credit 2017 Dee. (WO) Dec 31: Estimated that bad dobits expense for the year was 3% on credit sales of $500,000 and recorded the expense Date Accounts and Explanation Debit Credit 2017 Dec 31 (Adi) D Acteuris planation Debat Cret 2017 Dw New to the day 1 2017 the male to contact that what there condemns Coloring page was View 17 mln Allowance for a Deba Bad Ott Experte A 28 2017 Jun 29 2017 Aug 2017 A 2017 Dec 31 2017 Dec 31 2017 Requirement 2. Astume the December 31, 2017, balance of Accounts Receivable is $131,000. Show how not accounts receivable would be reported on the balance shoot at that date Balance sheet (Partial Current Assets 00 Debit Credit Date Accounts and Explanation 2016 Dec 31 (Adi) Accounts Receivable-Bob Keller Accounts Receivable Marty Ville Accounts Receivable Mary Martin Accounts Receivable Robert Ronson Dec 31: Ma Allowance for Bad Debts Bad Debts Expense Cash 2016 Income Summary Dec 31 Sales Revenue Date Debit Credit Debit Credit Ma Close bad debts expense to income summary. Collected cash on account. Record sales on account. Recorded bad debts expense for the period. Reinstated previously written off account. Wrote off uncollectible accounts. Wela Wanche come the following recederaastonsure 21 and Requirements 1 The accounts for lowance for Bad Dites and Bad De Expense have been opened for you. Hecord the transactions in the generat urna. Post to the To T-accounts and keep running balances, assuming accounts begin with a corban 2 Asume te Documerat 2017 balance of Accounts Receivable 131.000 Show how retous recevable would be reported on the balance sheet at that del Requirement. The accounts for lowance for Bad Dents and Bad Dests Expense have been opened for you. Record the transactions in the general oomal Post to two Taccounts and seep running balances, assuming at account begin with a balance Record orbis test the credits Select the explanation on the store journal entry table. Atbreios ned. Ad Astigantry Close Closing entry, WOW Begin by recording the 2016 transactions Dec 31 Extend out bas its expense for twowww of credit sales of $400,000 and recorded that amount as expense. The company uses the lowance method Date Accounts and Explanation De Credit 2016 Dec 31 (Adi) Dec 31 Made the closing entry for bad debis expense Choose from any it or enter any number in the input told and then continue to the next question Beta Watches completed the following selected ansactions during 2016 and 2017 (Click the icon to view the transactions.) Requirements 1. The T-accounts for Allowance for Bed Debts and Bad Debts Expense have been opened for you. Record the transactions in the general Journal Post to the two T-accounts and keep running balanom, with a zero balance 2 Assume the December 31, 2017, balance of Accounts Receivable is $131,000. Show how ret accounts receivable would be reported on the balance sheet at that dan Debit Credit Dec 31 Made the closing entry for bad debts expense Date Accounts and Explanation 2016 Dec 31 (Clos) Post to the two T-accounts and keep running balances, assuming all accounts begin with a zero balance. (Pout the December 31 entry on the first line of the account and calculate the December 31 balance on account. Then post the closing entry on the third line of the account and calculate the January 1, 2017 balance on the last line of the account. Enter "O on the normal side of the account for any zero balance Allowance for Bad Debts Bad Debts Expense Jan 1 2016 Bal Jan 1 2016 Bal 0 10 Choose from any lat or enter any number in the input fields and then continue to the next question futa Watches come the following selected transactions during 2016 and 2017 Requirements T 1.accounts for Allowance for at dette and Tad Debts Expense have opened for you. Record transactions in the general joumat Post to the two Taccounts and poing balance auming tege who Assume the December 31, 2017 balance et Accounts Receivable as $131.000 Show how et accounts receivable would be reported on the balance sheet at that tuto 2 Post to sew accounts and keep running balances in countaben wiha zoro balance (Ponte December 31 entry on the first of the account and career December 31 balance on the second tofa . Thannow the coming oney on the hand of the account and store the day 1, 2017 balance on the last of court. Enter on the now side of the account for any 200 balance.) Allowance for ad Dots Bad Debts Expense 1 2016 Jun 1 2018 Now record the 2017 transactions in the Jan 17 Sometry to Mary V5909, on account ignore Cost of Goods Sold Date Accounts and explanation Det Credit Choose from a story number in the input folds and then continue to the next bon Beta Watches completed the following selected transactions during 2016 and 2017 click the icon to view the transactions Requirements 1 The Taccount for Arowance for Bad Debts and Bad Debit pas been opened for you. Record the nation in the general al Post to two accounts and consuming mga zor balance 2 Anne December 31, 2017, balance of Accounts Receivable $131,000. Show how it counter would be reported on the newest at the date Junto ventory to Mary V5900, on contre Cost of Good old Date Accounts and Explanation Do Credit 2012 Jan 17 On 29 Wrole of Marty Vers account as uncollectible repeated forts to collect from him Date Account and Explanation Debit Credit 2017 Jun 29 Aug 6: Receved 1900 from Marty Vide wong with a letter apologizing for being soon Rointed Vier's account inful and recorded the cash monipt Start by recording the entry to reinstate Viter's account Date Accounts and Explanation Debut Credit 2017 Augo Date Debit Credit Now record the $900 received from Marty Vilar Accounts and Explanation 2017 Aug Date Dec 31 Mace a compound entry to write of the following accounts as uncollectible Bob Koffer $1,900 Mary Martin $1,000 and Robert Ronnon, 5400 Accounts and explanation Debit Credit 2017 Dee. (WO) Dec 31: Estimated that bad dobits expense for the year was 3% on credit sales of $500,000 and recorded the expense Date Accounts and Explanation Debit Credit 2017 Dec 31 (Adi) D Acteuris planation Debat Cret 2017 Dw New to the day 1 2017 the male to contact that what there condemns Coloring page was View 17 mln Allowance for a Deba Bad Ott Experte A 28 2017 Jun 29 2017 Aug 2017 A 2017 Dec 31 2017 Dec 31 2017 Requirement 2. Astume the December 31, 2017, balance of Accounts Receivable is $131,000. Show how not accounts receivable would be reported on the balance shoot at that date Balance sheet (Partial Current Assets 00 Debit Credit Date Accounts and Explanation 2016 Dec 31 (Adi) Accounts Receivable-Bob Keller Accounts Receivable Marty Ville Accounts Receivable Mary Martin Accounts Receivable Robert Ronson Dec 31: Ma Allowance for Bad Debts Bad Debts Expense Cash 2016 Income Summary Dec 31 Sales Revenue Date Debit Credit Debit Credit Ma Close bad debts expense to income summary. Collected cash on account. Record sales on account. Recorded bad debts expense for the period. Reinstated previously written off account. Wrote off uncollectible accounts

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