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FlipCorp.hasthefollowinginformationregardingitsallowanceforuncollectibleaccounts.AllowanceforUncollectibleAccountsandProvisionforUncollectibleAccounts BalanceDecember31,2014 $28,000 Write-offsduring2015 (27,000) Recoveriesduring2015 7,000 RequiredallowanceatDecember31, 2015 31,000 Preparethejournalentriesforthewrite-offsandrecoveriesfor2015,andfortheprovisionfor uncollectibleaccountsexpenseatDecember31,2015. Do not provide any journal explanations. If no entry is necessary, write no
FlipCorp.hasthefollowinginformationregardingitsallowanceforuncollectibleaccounts.AllowanceforUncollectibleAccountsandProvisionforUncollectibleAccounts
BalanceDecember31,2014 | $28,000 |
Write-offsduring2015 | (27,000) |
Recoveriesduring2015 | 7,000 |
RequiredallowanceatDecember31, 2015 | 31,000 |
Preparethejournalentriesforthewrite-offsandrecoveriesfor2015,andfortheprovisionfor uncollectibleaccountsexpenseatDecember31,2015. Do not provide any journal explanations. If no entry is necessary, write "no entry."
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