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Curren t in Progress out $1.500.000 eur The December 31, 2017 balance sheet of Baron Company had Accounts Receivable of $400.000 and credit balance Allowance

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Curren t in Progress out $1.500.000 eur The December 31, 2017 balance sheet of Baron Company had Accounts Receivable of $400.000 and credit balance Allowance for Do Accounts of $12.000 Durint 2018 the following transactions occurred sales on ces. 550.000 lections from customers, 250.000 with SM000 win of counts of $6.000 were collected Journalize the 2018 transactions. Creditcontities are avtomatkoily Indented when the amount is entered Dontinent manually Account Titles and Explanation Debt Credit (To record and sales). LG To record credits to customers) To record c on freches To write off specific accounts) To reverse write off of account) To record collection of account) w the cores the pe r cebes suomaly ined when the amount is entered estimate bater indent l y i es that underbeunt are expected of our receivable the adjust try at December 31, 2018/ C accounts are Date Account Title and time 31 Delit Question 4 Current Attempt in Progress The December 31, 2017 balance sheet of Barone Company had Accounts Receivable of $400.000 de credit bancil e Doub s Slowances, 350,000 collections from customers, 51.250.000 acts written a $36.000 previously w en of accounts of $6.000 were collected 32000 Duin 2013 the curred on 1.500.000 e ura Journaise the 2018 tractions. Crecentes matically indented when the time. Dometinden Account Titles and Explanation Debit 1.500.000 To record co les) (To recorded to tomes) the companies the percentage of receivables bas to estimate bad debt expense and determines that uncollectible automatically indeed when the amount is entered. Do not indent manually s are expected to be of accounts receivable, what the adjusting entry at December 31, 2018/Credit account Date Account Titles and Explanation Dec 31 are Debit Credit for

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