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General journal entry options: No Journal Entry Required Accounts Payable Accounts Receivable Accumulated Amortization Accumulated DepreciationBuildings Accumulated DepreciationEquipment Accumulated DepreciationVehicles Accumulated Other Comprehensive Income Additional

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General journal entry options:

  • No Journal Entry Required
  • Accounts Payable
  • Accounts Receivable
  • Accumulated Amortization
  • Accumulated DepreciationBuildings
  • Accumulated DepreciationEquipment
  • Accumulated DepreciationVehicles
  • Accumulated Other Comprehensive Income
  • Additional Paid-In Capital, Common Stock
  • Additional Paid-In Capital, Preferred Stock
  • Additional Paid-In Capital, Treasury Stock
  • Advertising Expense
  • Allowance for Doubtful Accounts
  • Amortization Expense
  • Bad Debt Expense
  • Bonds Payable
  • Buildings
  • Cash
  • Cash Equivalents
  • Cash Overage
  • Cash Shortage
  • Charitable Contributions Payable
  • Common Stock
  • Copyrights
  • Cost of Goods Sold
  • Deferred Revenue
  • Delivery Expense
  • Depreciation Expense
  • Discount on Bonds Payable
  • Dividends
  • Dividends Payable
  • Donation Revenue
  • Equipment
  • FICA Payable
  • Franchise Rights
  • Gain on Bond Retirement
  • Gain on Disposal of PPE
  • Goodwill
  • Impairment Loss
  • Income Tax Expense
  • Income Tax Payable
  • Insurance Expense
  • Interest Expense
  • Interest Payable
  • Interest Receivable
  • Interest Revenue
  • Inventories
  • Inventory - Estimated Returns
  • Land
  • Legal Expense
  • Licensing Rights
  • Logo and Trademarks
  • Loss on Bond Retirement
  • Loss on Disposal of PPE
  • Natural Resource Assets
  • Notes Payable (long-term)
  • Notes Payable (short-term)
  • Notes Receivable (long-term)
  • Notes Receivable (short-term)
  • Office Expenses
  • Other Current Assets
  • Other Noncurrent Assets
  • Other Noncurrent Liabilities
  • Other Operating Expenses
  • Other Revenue
  • Patents
  • Payroll Tax Expense
  • Petty Cash
  • Preferred Stock
  • Premium on Bonds Payable
  • Prepaid Advertising
  • Prepaid Insurance
  • Prepaid Rent
  • Refund Liability
  • Rent Expense
  • Rent Revenue
  • Repairs and Maintenance Expense
  • Restricted Cash (long-term)
  • Restricted Cash (short-term)
  • Retained Earnings
  • Salaries and Wages Expense
  • Salaries and Wages Payable
  • Sales Revenue
  • Sales Tax Payable
  • Service Revenue
  • Short-term Investments
  • Software
  • Subscription Revenue
  • Supplies
  • Supplies Expense
  • Travel Expense
  • Treasury Stock
  • Unemployment Tax Payable
  • Utilities Expense
  • Vehicles
  • Withheld Income Taxes Payable

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The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2019 Total Accounts Historical % Uncollectible Number of Days Unpaid Receivable $126,706e 89,400 53,800 32,800 Not yet due 1-3e days past due 31-6e days past due Over 6 days past due 4% 11% 17% 37% Required a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,007 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Inc. writes off $3,101 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off c. Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019 Complete this question by entering your answers in the tabs below RequiredA Required B Required C The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,007 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year View transaction list Journal entry worksheet Record the adjusting entry to record bad debt expense for the year July 31, 2019 Note: Enter debits before credits. Date Debit Credit General Journal July 31, 2019 Record entry Clear entry View general journal Required A Required B Complete this question by entering your answers in the tabs below Required ARequired BRequired C Johnston Supplies, Inc. writes off $3,101 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off View transaction list Journal entry worksheet Record the required adjusting entry to record the write-off on August 15 2019 Note: Enter debits before credits Date General Journal Debit Credit August 15 2019 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Required A Required B Required C Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019. Allowance for Doubtful Accounts K Required B RequiredC

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