Question
Adjustment for Uncollectible Accounts Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $70,781. Assume that
Adjustment for Uncollectible Accounts
Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $70,781. Assume that the allowance for doubtful accounts for Kirchhoff Industries has a credit balance of $14,865 before adjustment on August 31.
Journalize the adjusting entry for uncollectible accounts as of August 31.
| Aug. 31 | |||
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
11th Edition
013099619X, 978-0130996190
