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el $ 400.VD DY . accounts $1200, master company's Dec 31, 2019 Balance related to account receivable folow: Account receivable Allowance for dowwaff al account
el $ 400.VD DY . accounts $1200, master company's Dec 31, 2019 Balance related to account receivable folow: Account receivable Allowance for dowwaff al account 20,000 Cr. ouring Colo$45c0 g accounts Meceivable is considered uncollectible and no more ef effort to collect there will be made. Toe Salesfor dago, one Which $200cro cue Cash sales. A total 8 a 10 oro was collected on accoul during 220 Requined 'Assuming that master was the allowance method to estimate net accounts receivable and use 9% accounts receivable as its estimate of expected credit lesses, Prepane (1) Jourme entries to neurd write offs and bad debt expenses for 2020 (11) Disclosure an gross and met accounts receivable on the balance Sheet on Dec. 31,2020. 1 How would the answers to part a change of atall) assuming instead that the Dec. 31,2019, balance in the allowance for doubtful was a debit balance allount of & sow
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