HW Score: 0vo, U of 15 pts PF9-30A (similar to) i Question Help At September 30, 2024, the accounts of South Terrace Medical Center (STMC) include the following: During the last quarter of 2024, STMC completed the following selected transactions Accounts Receivable S 144,000 i) (Click the icon to view the transactions.) Allowance for Bad Debts (credit balance) 3,200 Read the requirements. Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Joumalize the transactions (omit explanations) and post to the two accounts. Begin by journalizing the transactions. (Record debits first, then credits. Exclude explanations from journal entries, ) Sales on account, $490,000. Ignore Cost of Goods Sold. i More Info - X Date Accounts and Explanation Debit Credit 2024 "Salos on account, $490,000. Ignore Cost of Goods Sold. Dec. 31 Collections on account, $412.640 Wele off accounts receivable as uncollectible: Raja Co., $1,200; Omar Smith, $700, and Parrot, Inc., $300. . Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts 1 Requirements - X 1-30 Days 31-60 Days 61-90 Days Over 10 Days Accounts Receivable 105, DOD $ 44,000 5 18,000 S 52, 160 Estimated percent uncollectible 0.2% 20% 20% 25% 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debis. Journalize the transactions (omit explanations) and post to the two accounts. Print Done Show how South Terrace Medical Center should report net accounts receivable on its December 31, 2024, balance sheet. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ?Do Homework - marwa yalda - Google Chrome mathxl.com/Student/PlayerHomework.aspx?homeworkld=574302109&questionld=1&flushed=true&cld=6163787¢erwin=yes X Acct 1080 Principles of Accounting 1 marwa yalda & | 11/15/20 1:54 PM Homework: Week Five: Chapter 9 problems Save Score: 0 of 4 pts 2 of 4 (0 complete) HW Score: 0%, 0 of 15 pts PF9-30A (similar to) Question Help At September 30, 2024, the accounts of South Terrace Medical Center (STMC) include the following: During the last quarter of 2024, STMC completed the following selected transactions: Accounts Receivable $ 144,000 i (Click the icon to view the transactions.) Allowance for Bad Debts (credit balance) 3,20 Read the requirements. Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the two accounts. Begin by journalizing the transactions. (Record debits first, then credits. Exclude explanations from journal entries.) Sales on account, $490,000. Ignore Cost of Goods Sold. i More Info X Date Accounts and Explanation Debit Credit 2024 Sales on account, $490,000. Ignore Cost of Goods Sold. Dec. 31 Collections on account, $412,640 Wrote off accounts receivable as uncollectible: Raja Co., $1,200; Omar Smith, $700; and Parrot, Inc., $300. Recorded bad debts expense based on the aging of accounts receivable, as follows: Age of Accounts i Requirements X 1-30 Days 31-60 Days 61-90 Days Over 90 Days Accounts Receivable 105,000 $ 44,000 S 18,000 $ 52, 160 Estimated percent uncollectible 0.2% 2% 20% 25% 1 . Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the two accounts. Print Done 3. Show how South Terrace Medical Center should report net accounts receivable on its December 31, 2024, balance sheet. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 5 parts Clear All Check Answer remaining 1:54 PM Type here to search EN ~0 ( 4 1) 40 11/ 15 / 2020 SAMSUNG
