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2. The Subject is accounting 11. EX.08.158.BLANKSHETTALGO (Algorithmic) Instruction Chart of Accounts General Journal L Instruction Using the allowance method of accounting for uncollectible receivables.
2. The Subject is accounting
11. EX.08.158.BLANKSHETTALGO (Algorithmic) Instruction Chart of Accounts General Journal L Instruction Using the allowance method of accounting for uncollectible receivables. Transactions: April June 10 Sold merchandise on account to Jiri Dobbs, 88,900. The cost of the merchandise is $3,560 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Reinstated the account of Jim Dobbs and received cash in full payment. 11 Required: Journalize the above transactions Refer to the Chart of Accounts for exact wording of account illies Round your answers to nearest collar amount Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 111 Petty Cash 121 Accounts Receivable-Alan Albertson 122 Accounts Receivable-Jim Dobbs EXPENSES 122 Accounts Receivable-Jim Dobbs EXPENSES 123 Accounts Receivable-John Groves 510 Cost of Goods Sold 124 Accounts Receivable-Jan Lehn 520 Salaries Expense 521 Advertising Expense 125 Accounts Receivable-Jacob Marley 522 Depreciation Expense 125 Accounts Recelvable Me Potts 127 Accounts Receivable-Chad Thomas 523 Delivery Expense 524 Repairs Expense 125 Accounts Receivable Andrew Warren 129 Allowance for Doubtful Accounts 131 interest Receivable 132 Nules Receivable 141 Inventory 531 Rent Expense 533 Insurance Experise 534 Supplies Expense 538 Credit Card Expense 537 Cash Short and Over 538 Bad Debt Expense 539 Miscellaneous Expense 145 Supplies 151 Prepaid Insurance 181 Land 710 Interest Expense 191 Equipment 192 Accumulated Depreciation LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings General Journal Joumalize each of the transaction Refer to the Chart of Accounts for exact wording of account willes. Round your answers to nearest dollar amour PAGE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DESIT CREDIT ASSETS LIABILIT ES EQUITY 3 4 6Step by Step Solution
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