anyone to find the worksheet please the adjustment is on the second page read catefully

Seay Company Completed the following transactions: This company uses the perpetual method of inventory and allowance method to account for bad debt. 2018 Jan 1-8 The minions went through and accounted for a few transactions because they wanted to help you out. They also rolled forward any existing balances from the previous year. The balances are posted in the ledgers. Jan 9 Sold Merchandise on Account to Roy's Supply Cost of the Merchandise Sold $1,700 $1,000 Jan 15 $400 Wrote of the account of Pete Ramos as uncollectible because of his death Rupe Co, whose account had been written off in 2017 paid Mar 17 $450 Apr 9 Lane Daley is delinquent on their account, but pay We write off the rest of the balance, which is Originally they owed Seay $4,000 $560 $3,440 June 15 $1,300 The account for Mac's Garage was reinstate for The accounts was written off 3 years ago, but they paid in full today Oct 18 Prepare a compound entry to write off the following accounts: Jack's Diner Kail Auto Red's Hardware $140 $440 $750 Nov 12 Sold Merchandise on account to J.B. Rug Cost of the merchandise sold See next page for detailed instructions $1,500 $900 Sales Explanation Date Jan 3 Post Ref. Debit Credit ACCOUNT NO. 410 Balance Debit Credit 150 000 150 000 Cost of Goods Sold Post Explanation Ref. Date 510 Balance Debit Credit Jan 3 Credit 104 900 Debit 104 900 Rent Expense Post Explanation Ret Date Debit Credit ACCOUNT NO. 615 Balance Debit Credit Bad Debt Expense Post Explanation Ref. Date Debit Credit ACCOUNT NO. 620 Balance Debit Credit Supplies Expense Post Explanation Red ACCOUNT NO. 630 Balance Debit Credit Date Debit Credit Cash Post Ref. Debit Credit Date Explanation Jan 1 Balance Forward 3 ACCOUNT NO. 111 Bilance Debit Credit 99 90 916910 3100 Debit Credit Accounts Receivable Post Date Explanation Ref Jan 1 Balance Forward 3 ACCOUNT NO. 114 Balance Debit Credit 27530 1775 301 an 150 000 Allowance for Doubtful Accounts Post Explanation Ref. Date Debit Credit ACCOUNT NO. 114 Balance Debit Credit 4300 Jan 1 Balance Merchandise Inventory Post Explanation Ref. Date Debit Credit ACCOUNT NO. 115 Balance Debit Credit 2098 00 104900 Jan Jan 1 Balance 3 104 900 Office Supplies Post Explanation Ref Date Debit Credit ACCOUNT NO. 116 Balance Debit Credit 2640 Jan 1 Balance 2640 PrePaid Rent Explanation Post Ref Debit Date ACCOUNT NO. 117 Balance ebit Credit 2000I Credit Jan 1 Balance 2000 Date Accounts Payable Explanation Post Ref. 1 Balance Forward Debit Credit ACCOUNT NO. 210 Balance Debit Credit 1000 Jan Date C. Seay, Capital Post Explanation Ref. 1 Balance Forward Debit Credit ACCOUNT NO. 310 Balance Debit Credit 246660 Jan C. Seay, Withdrawals Post Explanation Ref. Debit Credit Date Jan 3 ACCOUNT NO. 320 Balance Debit Credit 300 3100 Income Summary Post Explanation Ref ACCOUNT NO. 330 Balance Debit Credit Date Credit Debit Cash Post Ref. Debit Credit Date Explanation Jan 1 Balance Forward 3 ACCOUNT NO. 111 Balance Debit Credit 9 990 9690 300 Debit Credit Accounts Receivable Post Date Explanation Ref. Jan 1 Balance Forward Jan 3 ACCOUNT NO. 114 Balance Debit Credit 27 530 177530 150 ololo Allowance for Doubtful Accounts Post Explanation Ref. Date Debit Credit ACCOUNT NO. 114 Balance Debit Credit 4300 Jan 1 Balance Merchandise Inventory Post Explanation Ref. Date Debit Credit ACCOUNT NO. 115 Balance Debit Credit 209 800 1049010 Jan Jan 1 Balance 3 104 900 Office Supplies Post Explanation Ref. Debit Credit Date Jan 1 Balance ACCOUNT NO. 116 Balance Debit Credit 2640 2640 PrePaid Rent Debit Post Ref. Credit ACCOUNT NO. 117 Balance Debit Credit 2000 Date Explanation 2000 Jan 1 Balance Date Accounts Payable Explanation Post Ref. 1 Balance Forward Debit Credit ACCOUNT NO. 210 Balance Debit Credit 1000 Jan. C. Seay, Capital Post Date Explanation Jan 1 Balance Forward Debit Credit ACCOUNT NO. 310 Balance Debit Credit 246 660 Ref. C. Seay. Withdrawals Explanation Ref. Post Date Debit Credit ACCOUNT NO. 320 Balance Debit Credit 300 Jan 3 300 Income Summary Post Explanation Ref. ACCOUNT NO. 330 Balance Debit Credit Date Credit Debit Sales Explanation Date Post Ref. Debit ACCOUNT NO. 410 Balance Debit Credit 150 000 Jan Credit 150 000 3 Cost of Goods Sold Post Explanation Ref. Date Debit Credit 510 Balance Debit 1041900 Jan 3 Credit 104 900 Rent Expense Explanation Date Post Ref. Debit Credit ACCOUNT NO. 615 Balance Debit Credit Bad Debt Expense Post Explanation Ref. Date Debit Credit ACCOUNT NO. 620 Balance Debit Credit Supplies Expense Post Explanation Ref. ACCOUNT NO. 630 Balance Debit Credit Date Debit Credit Seay Company Completed the following transactions: This company uses the perpetual method of inventory and allowance method to account for bad debt. 2018 Jan 1-8 The minions went through and accounted for a few transactions because they wanted to help you out. They also rolled forward any existing balances from the previous year. The balances are posted in the ledgers. Jan 9 Sold Merchandise on Account to Roy's Supply, Cost of the Merchandise Sold $1,700 $1,000 Jan 15 Wrote of the account of Pete Ramos as uncollectible because of his death $400 Mar 17 Rupe Co, whose account had been written off in 2017 paid $450 Apr 9 Lane Daley is delinquent on their account, but pay We write off the rest of the balance, which is Originally they owed Seay $4,000 $560 $3,440 June 15 $1,300 The account for Mac's Garage was reinstate for The accounts was written off 3 years ago, but they paid in full today. Oct 18 Prepare a compound entry to write off the following accounts: Jack's Diner Kail Auto Red's Hardware $140 $440 $750 Nov 12 Sold Merchandise on account to J.B. Rug Cost of the merchandise sold $1,500 $900 See next page for detailed instructions Complete the entire accounting cycle. Your practice aid you created has the steps. We will not be used A/R or A/P Subsidiary Ledgers Your practice aid should be detailed enough so you can use it to complete this problem. Adjustments Data Needed: $2,140 Dec 31 Supplies On Hand Dec $950 31 Rent Expired $6,600 Dec 31 Based on aging of A/R it is estimated that will be uncollectible out of the $175,000 total Check Figure Net Income $39,230 Hints: $6600 is NOT the adjustment for bad debt. Use the information above to calculate the bad debt adjustment. What method are we using? How do you perform the adjustment for that method