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At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $154,000, and the balance in Allowance for Doubtful Accounts was $2,600. EZ Tech's

At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $154,000, and the balance in Allowance for Doubtful Accounts was $2,600. EZ Tech's sales in 2017 were $1,160,000, 90% of which were on credit. Collections on account during the year were $740,000. The company wrote off $4,000 of uncollectible accounts during the year.

Identify and analyze the transactions related to the write-offs of accounts receivable during 2017.

Balance Sheet Income Statement
Stockholders' Net
Assets = Liabilities + Equity Revenues Expenses = Income

Accounts PayableAllowance for Doubtful AccountsBad Debts ExpenseCashNotes ReceivableNo EntryAllowance for Doubtful Accounts

fill in the blank f28b82fc3044fd1_2

Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debts ExpenseNotes PayableNo EntryNo Entry

fill in the blank f28b82fc3044fd1_4 fill in the blank f28b82fc3044fd1_5

Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debts ExpenseNotes PayableNo Entry

fill in the blank f28b82fc3044fd1_7

Accounts PayableAllowance for Doubtful AccountsBad Debts ExpenseCashNotes ReceivableNo Entry

fill in the blank f28b82fc3044fd1_9 fill in the blank f28b82fc3044fd1_10

Accounts PayableAccounts ReceivableBad Debts ExpenseCashNotes ReceivableNo EntryAccounts Receivable

fill in the blank f28b82fc3044fd1_12

Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debts ExpenseNotes PayableNo EntryNo Entry

fill in the blank f28b82fc3044fd1_14

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