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HOMEWORK 1 PREVIOUS 2 NEXT Problem 1 : PS9-42 Background: Assignment: This question has 4 requirements. Scroll down to review the requirements and ensure you
HOMEWORK 1 PREVIOUS 2 NEXT Problem 1 : PS9-42 Background: Assignment: This question has 4 requirements. Scroll down to review the requirements and ensure you Crystal Cleat Cleaning uses the allowance method to estimate bad debts. Consider the following complete all requirements before submitting your work for grading January transactions for Crystal Clear Requirements The accounts used by Crystal Clear Cleaning are provided in the Chart of Account (click on "Chart of Account to view). The accounts have already been opened in the General Ledger (click on "General Ledger" to view) 2. Prepare journal entries to record the Jouy transactions and post the entries to the 3. Review each of the accounts in the General Ledger to see the remises of ponding the fournal Transactions: 01/01/2018 Performed cleaning service for Debbie's D-list for $9,000 on account with terms 3/10, 1/20 01/10/2018 Borrowed money from High Roller Bank, $20,000, making a 180 day, 15% note. 01/12/2018 After discussions with Merty Cleaners, Crystal clear has determined that $275 of the receivable owed will not be collected. Wrote off this portion of the receivable. 01/15/2018 Sold goods to Westford for $8,000 on account with terms 5/10, 1/30, Cost of Goods Sold was $400. SAVE WORM RESET RESULTS SUBMIT WORX BUSINESS RENORTS
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