Based on an ageing of accounts receivable on 30 June 2018, Austin, the accountant, determined that the Allowance for Doubtful Debts account should have a credit balance of $17,000 on the balance sheet as at 30 June.Complete the amount xxx in following general journal to adjust the Allowance for Doubtful Debts account.

Document3 - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do. afishomik21@gmail.com Share & Cut Copy Calibri (Body) ~ 11 - A A |Aa - |A : = - = - F . . > 21 1 AaBbCcDd AaBbCcDd AaBbCc AaBbCct Aa B AaBbCCD AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDc AaBbCcDd Find Paste Sac Replace Format Painter BI U - abe X2 X A Z . A . = = 1. 2. 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Intense E... Strong Quote Select Clipboard Font Paragraph Styles Editing On 1 July 2017, A Ltd had Accounts Receivable and Allowance for Doubtful Debts accounts as below. gnore GST. Accounts Receivable 1/7 Balance 18,000 Allowance for Doubtful Debts 1/7 Balance 5,000 During the year, the following transactions occurred: 1. Accounts receivable collected $9,000. 2. Accounts written off as uncollectable $6,000. Based on an ageing of accounts receivable on 30 June 2018, Austin, the accountant, determined that the Allowance for Doubtful Debts account should have a credit balance of $17,000 on the balance sheet as at 30 June. Complete the amount xxx in following general journal to adjust the Allowance for Doubtful Debts account. Dr. Bad debts expense $xxx Cr. Allowance for doubtful debts $XXX Answer: Previous page Next page Page 1 of 1 115 words X English (Australia) - + 100% Type here to search O oe (? ~ [') ENG 11:53 AM 1/06/2020 E