Question: Stilton Company reported the following in its general ledger. Using your knowledge of receivable transactions, match each of the transactions (a) to (f) with the

Stilton Company reported the following in its general ledger. Using your knowledge of receivable transactions, match each of the transactions (a) to (f) with the best description of the economic event.

Stilton Company reported the following in its general ledger. Using

1. Collect previously written-off account ______
2. Provide service on account ______
3. Write off uncollectible account ______
4. Collect accounts receivable ______
5. Record bad debt expense ______
6. Reverse previously written-off account ______

Accounts Receivable Service Revenue (b 80,000 500 Jan. 1 20,000 (a) 120,000 120,000 Dec. 359,500 500 500 Allowance for Doubtful Accounts Bad Debt Expense 2,000 900 2,400 500 Jan. 1 900 500 Dec. 31

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