Answered step by step
Verified Expert Solution
Question
1 Approved Answer
accounting assignment everything that is needed is included on the on the XL format. 2014 Total Sales 3,500,000 Cash Sales 20% Credit sales ? Uncollectible
accounting assignment everything that is needed is included on the on the XL format.
2014 Total Sales 3,500,000 Cash Sales 20% Credit sales ? Uncollectible History % Uncollectible ? 2009 2,010 2,011 2012 2013 Uncollectible Dollars ? Credit Sales >>>>>>>>>>310,000 375,000 410,000 500,000 550,000 Paid >>>>>>>>>> 294,500 356,250 389,500 464,025 522,750 Uncollected ?. ?. ?. ?. ?. % Uncollected>>>>>> Record Allowance Sale to H. Jones Convert to a Note (10% Write off of Note General Journal Date Account 13-Dec Uncollec. Exp. Allowance 14-Jan A/R-H.Jones Sale 10-Feb N/R-H. Jones A/R-H. Jones 11-Apr ? ? Dr Cr ry Total ? ? ?. ?Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started