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help plse if you can do it correctly plse Outdoor Equipment (OE ) sells camping equipment. On December 1, the accounts recelvable account had a
help plse if you can do it correctly plse
Outdoor Equipment (OE ) sells camping equipment. On December 1, the accounts recelvable account had a balance of 55t400, the bad debt expense account had a balance of $0, and the allowance for doubtful accounts had a credit bylance of $5540. loumalize the remaining joumal entries for the 2023 year. Dec. 2 Sold tents for $5,28e en account with a cost of $2,640. Deterained that the total accounts of Rocky CO,wh, wh accounts receivable balance of 51,34a and 2e Grouse ce. with an accounts receivable balance of 32,64e were uncollectible ond needed to be writtes aff. 23. Unexpectedly recelved payment fron Grouse Co, for \$2;640. 31. Estianted that aes of accoumts receivable recorded to date would be uncollectible. Required: 1. Prepare joumal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. Journal entry worksheet Journal entry worksheet 3456 Record the cost of sales and reduce inventory. Notes Enter debla before crediss Journal entry worksheet Record the write-off of uncollectible accounts for Rocky Co. and Grouse Co. separately. Note: Enter debts belare credits. Journal entry worksheet 12 5 6 Record the reinstate account of Grouse Co. Note: Enter debis before credits. Journal entry worksheet Record the full payment of account. Noter Enter debits before credits. Journal entry worksheet Step by Step Solution
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