Events Affecting 2015

1. Wrote off a $320 account receivable that was determined to be uncollectable.

2. Provided $65,000 of repair services on account.

3. Collected $66,000 cash from accounts receivable.

4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the service revenue on account

Accounting Equation for the Year 2015 Balance Sheet vent Assets Equity Accounts Titles for Retained Cash Re Acu Allowance Bal O NA 2. 65,000- 65,000 Service revenue 66,000 0 NA Uncolectible accounts expense Bal 66,000+ 65,000 65,000 0 Search the web and Windows 2 3 4 5 6789 0