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At the end of 2013, Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be
At the end of 2013, Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19,750. The account had an unadjusted credit balance of $10,000 at December 31, 2013. Required: Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) is required for a transaction/event, select "Neo a. b. The appropriate bad debt adjustment was recorded for the year 2013. On January 31, 2014, an account receivable for $1,000 from March 2013 was determined to be uncollectible and was written off view transaction list view general journal Journal Entry Worksheet Record the end-of-period adjustment for bad debts under the aging of accounts receivable method. Transaction General Journal DebitCredit *Enter debits before credits r entry record entry
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