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Are my T accounts correct now? I kept getting an error so I added the zeros to the bad debt expense running balances (in hopes
Are my T accounts correct now? I kept getting an error so I added the zeros to the bad debt expense running balances (in hopes that that was what was wrong wihth my answer) but I only have one more chance at submitting my homework before it is counted as wrong. The journal entries are two differnt pictures because I could not fit it all in one.The beginning balance for bad debt expense on Jan 1 2017 was $0 and the beginning balance for allowance for bad debt was $4200.
Allowance for Bad Debts Bad Debts Expense 01 4200 Jan. 1 2017 Bal. Jan. 1 2017 Bal Jun. 29 800 3400 Jun. 29 2017 Bal Jun. 29 2017 Bal. 800 Aug. 6 4200 Aug. 6 2017 Bal Aug. 6 2017 Bal Dec. 31 (WIO) 4800 2700 4800 Dec. 31 (Adj) Dec. 31 (Adj) 6300 Dec. 31 2017 Ba Dec. 31 2017 Bal. 4800 4800 Dec. 31 (Clos) 6300 Jan. 1 2018 Bal. Jan. 1 2018 Bal. 0
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