Ch $8$: Interactive Tutorial Assignment

Question $5$ of $8$

$\frac{-}{1}$vdotsvdots

Crane Company has been in business several years. At the end of the current year, the unadjusted trial balance shows:

$\backslash$table$[[$Accounts Receivable,$$336,300Dr.],[$Sales Revenue,$2,034,100Cr.],[$Allowance for Doubtful Accounts,$5,730Cr.]]$

Bad debts are estimated to be $6\%$ of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. $($List debit entry before credit entry. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account

tifi.es and enter a for the amounts.$)$

eTextbook and Media

$49F$

Light rain

Search