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Homework: ACC-250 Topic 6 Assignment Score: 12 of 10 pts 2015 (2 complete) HW SCO P9-35B (similar to) On August 31, 2018. Rosebud Floral Supply

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Homework: ACC-250 Topic 6 Assignment Score: 12 of 10 pts 2015 (2 complete) HW SCO P9-35B (similar to) On August 31, 2018. Rosebud Floral Supply had a $175.000 debit balance in Accounts Receivable and a $7.000 credit balance in Allowance for Bad Debts. During September, Rosebud made Sales on account, $520,000. Ignore Cost of Goods Sold . Collections on account. $582 000 Write-offs of uncollectible receivables. $8.000 Read the requirements 30, 2018 ) Accounts Receivable Bad Debt Expense Choose from any list or enter any number in the input fields and then click Check Answer omework: ACC-250 Topic 6 ssignment Save ore: 12 of 10 pts 2 of 5 (2 complete) HW Score: 18.24%, 9... P9-35B (similar to) Question Help On August 31, 2018, Rosebud Floral Supply had a $175,000 debit balance in Accounts Receivable and a $7,000 credit balance in Allowance for Bad Debts. During September, Rosebud made: - Sales on account, $520,000. Ignore Cost of Goods Sold. - Collections on account, $582,000. Write-offs of uncollectible receivables $8,000 Read the requirements Requirement 1. Journalize all September entries using the allowance method. Bad Debts Expense was estimated at 4% of credit sales. Show all September activity in Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense (post to these T-accounts) Begin by journalizing all September entes using the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Sales on account, $520,000. Ignore Cost of Goods Sold. Date Accounts and Explanation Debit Credit Sep 30 Accounts Receivable 520,000 Choose from any list or enter any number in the input fields and then click Check Answer 2 parts O remaining Clear All Check

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