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Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $20,000. The account had an

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Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $20,000. The account had an unadjusted creclit balance of $12,000 at that time. Required: Prepare journal entries for each of the following (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) a. The appropriate bad debt adjustment was recorded b. Later, an account receivable for $1.200 was determined to be uncollectible and was written of View transaction list Journal entry worksheet 1 2 > Record the end-of-period adjustment for bad debts under the aging of accounts receivable method General Journal Debit Credit Cles entry View general journal Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $20,000. The account had an unadjusted credit balance of $12,000 at that time. Required: Prepare foumal entries for each of the following. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) a The appropriate bad debt adjustment was recorded b Later, on account receivable for $1.200 was determined to be uncollectible and was written of View transaction ist Journal entry worksheet 1 2 Record the write-off of a certain customer account from a prior year which is not collectible totaling $1,200 General Journal Debit Credit Record any Clear entry View general journal

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