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26. Calculate net realizable value when accounts receivable is $ 200,000 and allowance for doubtful accounts is $ 20,000 (4 points). 27. Make the journal
26. Calculate net realizable value when accounts receivable is $ 200,000 and allowance for doubtful accounts is $ 20,000 (4 points). 27. Make the journal entry when the cash register recorded sales of $ 500. But the actual cash counted in the cash register was $ 490. Use the sales, cash, and cash over and short account (8 points) Account Debit Credit 28. Make the journal entry to write of a $ 400 account receivable from Paul Henley using the direct write off method (4 points). Account Debit Credit 29. Make the journal entries required to reinstate the accounts receivable and accept the S 400 payment from Paul Henley using the direct write off method (8 points). Account Debit Credit Account Debit Credit 30. Make the journal entry to write of a $ 400 account receivable from Paul Henley using the allowance method (4 points). Account Debit Credit 31. Make the journal entries required to reinstate the accounts receivable and accept the $ 400 payment from Paul Henley using the allowance method (8 points). Account Debit Credit Account Debit Credit 32. Complete the bank reconciliation for the Dudley Company. The cash balance on the company's books was $ 1,200. The cash balance from the bank was $ 900 (14 points). a. Outstanding checks were $ 200 b. Deposit in transit was $ 800 c. A nonsufficient funds check was $ 100 d. The bank collected a $ 400 note receivable for the company. Bank Balance Book Balance Add: Add: Deduct: Deduct: Total Total
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