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1 No Transaction Dec 31 Cash Credit card discount Sales revenue General Journal Debit Credit 97 3 100 2 Dec 31 Allowance for doubtful

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1 No Transaction Dec 31 Cash Credit card discount Sales revenue General Journal Debit Credit 97 3 100 2 Dec 31 Allowance for doubtful accounts Accounts receivable 3 3 3 Dec 31 Bad debt expense 6 Allowance for doubtful accounts 6 4 Dec 31 Cost of sales Inventories 5 5 Dec 31 Equipment Accounts payable Cash 6 Dec 31 Depreciation expense Accumulated depreciation 7 Dec 31 Cash 8 Dec 31 9 Dec 31 Accumulated depreciation Loss on sale of equipment Equipment Amortization expense Software Depreciation expense Accumulated depreciation > > 10 Dec 31 Income tax expense Income taxes payable < Requirement General Ledger > 169 169 14 10 361 20 30 30 8 8 9 9

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