answer the following given the information, balance sheet, and the requirements. (the last nine pictures are the options for each answer)
these are the biginning questions
Wadsworth Technical Resources (WTR) belance sheet December C o n to view the shot) WTR uses both the parentales and the ning methods to count for collect differendy, what was the netrable value of WTS Requirement 1. How much of the December 31, 2018 The tr u e of W Regiment 2. jouman, without Estimated doc ume of $40 w a s many amounts on do you in the same XX Journal Account Dule b. Write ots of contactele secounts montratto total 850 miton Prepare a account for Howance for Dau 11 Begin by r ing the journey Choose from any terwy be in the notes de corre o Wwwort Technical Resources (W ) sheet Dober 31, 2011 ponted the following WTR both the pr e s and the aging methods to account for collectible s Read the coun t b. We os of collect December 31, 2018 s on Prepare account for Allowance for Double Accounts and post the writes and the doubl e penetromarta to this account Show is adjusted Begin by preparing the journal entry Taccount for Alonce or Doub o uts and posto 4 1 year and one douce December 2013 ott o bu A On December 2011 ocasin na chodba Bagn By preparing the sum entry Chrom any o r any number than one to the WTR ses both the percent of and the aging methods to account for collectible receivables. Wadwort Technical Resources (WTR's balance sheet December 31, 2018 reported the following Click the icon to view the bence shot) Read theorets s of $400 uncl e at year and Record doubts-account expense December 31, 2019. Post this amount to Allowance for Dout On December 31, 2019 aning of receivables, Indios that $41 milion of the toc Accounts, and show is a bo w December 31, 2018 Begin by ping the journal entry wwe D ond how Nowance for Doubted Accounts Requirements. Show how WT' es and there w e r e the embar.2010, shost. Wadsworth Technical Resources Balance Sheet parti) December Choose from any stronteran t henputs and then continue to the ston Requirement 3. Show how WTR's receivables and the related allowance will appear on the December 31, 2019, balance sheet. Wadsworth Technical Resources Balance Sheet (partial) December 31, 2019 In Millions of $ Less: Requirement 4. Show what WTR's income statement for the year ending December 31, 2019, will report for these transactions. Wadsworth Company Income Statement (partial) Year Ended December 31, 2019 In Millions of Choose from any list or enter any number in the input fields and then continue to the next question ported the following: WTR uses both the percent-of-sales and the aging Read the requirements. rable did WTR expect to collect? Stated differently, what was the net realizable value of WTR million VTR. (Record debits first, then credits. Exclude explanations from any journal entries. Enter am Data Table (in millions) Accounts receivable. Allowance for doubtful accounts 391 (49) bount expens Print Done Credit Intinue to the next question 1 of 46 (7 complete) 2018, reported the following: WTR uses both the percent-of-sales and the ag Read the requirements 1 Requirements w ent 1. How much of the December 31, 2018, balance of accounts receivable did WTR expect to collect? Stated differently, what was the net realizable value of WTR's receivables? 2. Journalize, without explanations, the following 2019 entries for WTR: a. Estimated doubtful-account expense of $40 million, based on the percent-of-sales method, all during the year. || b. Write-offs of uncollectible accounts receivable total $59 million. Prepare a T-account for Allowance for Doubtful Accounts and post the write-offs and the doubtful-account expense from part a. to this account. Show its unadjusted balance at December 31, 2019. c. On December 31, 2019, an aging-of-receivables, indicates that $41 million of the total receivables of $400 million is uncollectible at year-end. Record doubtful-account expense at December 31, 2019. Post this amount to Allowance for Doubtful Accounts, and show its adjusted balance at December 31, 2019. 3. Show how WTR's receivables and the related allowance will appear on the December 31, 2019, balance sheet. 4. Show what WTR's income statement for the year ending December 31, 2019, will report for these transactions are a nt exp Print Done then continue to the next question WTR us Wadsworth Technical Resources' (WTR's) balance sheet at December 31, 2018, reported the following: (Click the icon to view the balance sheet.) Read the Now prepare the T-account for Allowance for Doubtful Accounts and post to this account. Show its unadjusted balance at December Allowance for Doubtful Accounts 2019 Expense 2019 Write-offs Dec 31, 2018 Bal ), an aging-of-receivables, indicates that $41 million of the total receivables of $400 million is uncollectible at djusted balance at December 31, 2019 Begin by preparing the journal entry. Journal Entry Date Accounts Debit Credit Now post to Allowance for Doubtful Accounts, and show its adjusted balance at December 31, 2019. (Begin by entering the unadjusted b Allowance for Doubtful Accounts Choose from any list or enter any number in the input fields and then continue to the next question Wadsworth Technical Resources' (WTR's) balance sheet at December 31, 2018, reported the following: E (Click the icon to view the balance sheet.) Now prepare the T-account for Allowance for Doubtful Accounts and post to this account. Show its unadjusted ba Allowance for Doubtful Accounts ), an aging-of-receivables, indicates that $41 million of the total receivables of $400 mil djusted balance at December 31, 2019. Unadj bal Begin by preparing the journal entry Journal Entry Accounts Date Debit Credit Now post to Allowance for Doubtful Accounts, and show its adjusted balance at December 31, 2019. (Begin by e Allowance for Doubtful Accounts Choose from any list or enter any number in the input fields and then continue to the next question. Wadsworth Technical Resources' (WTR's) balance sheet at December 31, 2018, reported the following: B: (Click the icon to view the balance sheet.) c. On December 31, 2019, an aging-of-receivables, indicates that $41 million of the total receivables of $400 million is uncol Accounts, and show its adjusted balance at December 31, 2019. Begin by preparing the journal entry. Journal Entry Accounts Date Debit Credit Accounts Payable Accounts Receivable Allowance for Doubtful Accounts Now post Cash Doubtful Account Expense Notes Payable adjusted balance at December 31, 2019. (Begin by entering the Requirement 3. Show how WTR's receivables and the related allowance will appear on the December 31, 2019, balance sh Thoose from any list or enter any number in the input fields and then continue to the next question. December 31, 2018 Reported the following WTR uses both the percent of sales and the aging methods to account for uncolectible receivables Wada C Tech W TF's balance sheet ontvweblance sheet) Read the rements Requirements. How much of December 31, 2018, balance of cours receivable did WTR expect to col State only what was the netrable value of WTR's receivables? The o WT's cities at December 31, 2018 Rematum in the following 2018 W o nderance Exclude was from any bumal Eramounts in ons as m e nse of 40 min, bad on the promethod, all dating the year Journal Entry De Acounts Debt Credit of December 31, 2015 one more a nd for lowance for Doubtful Accounts and post the write-offs and the d a nce from See by regering the journey sournal Entry Croene som any lata wear any number tovoud solds and then coronus to the con
