exercise 9-05 a-c: the ledger of skysong company at the end of the current year shows accounts receivable is $148,000, sales revenue $844,000, and sales returns and allowances $24,000. journalize the following independent situations.

if skysong uses the dirext write-off method to account for uncollectible accounts, journalize the adjusting entey at december 31, assuming skysong determines that l.dole's $1,600 balance is uncollectible.

if allowance for doubtful accounts has a credit balance of $2,800 in the trial balance, journalize the adjusting entry at december 31, assuming bad debts are expected to be 12% of accounts receivable.

if allowance for doubtful accounts has a debit balance of $270 in the trial balance, journalize the adjusting entry at december 31, assuming bad debts are expected to be 7% of accounts receivable.

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Exercise 9-05- The ledger of Skying Company at the end of the current year shows Accounts Receivable 5148,000, Sales Revenue 544,000, and Sales Returns and Allowances 524.000 Journalize the following independent situations 11 Skysong uses the direct write-off method to account for uncolectible accounts, journalize the adjusting entry M December 31, suring Skysong determine that . Doe's 51.600 balance is uncollectible Credit accounts are automatically indented when amount is entered. Do not intent manually Date Accounties and Explanation Det Credit Dec 31 Allowance for Doubtful Account has a credit tante of $2,000 in the trial balance, Journal me justing entry at December 31, suming bed debts are expected to be 120 It Allowance for Doubtful Accounts as a credit balance of $2,800 in the trial balance, journaline the adjusting entry at December 31, assuming bad debits are expected to be 12 accounts receivabin Creol account titres are automatically Indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Dec 31 wance for thout Acenta rosa topi balance of 2.20 ans the trial balance, joumaire the adjusting entry at December 31, sumanytail is an expected to be set accounts ce Credit account totes ar automatically indented when amount i anterod. Do not indent manual) Data Accountities and Explanation Debit Credit Click if you would like to show Work for this question: One Show. Work