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i need help with this questions Prepare journal entries for each transaction listed. (if no entry is required for a transaction/event, select No journal entry
i need help with this questions Prepare journal entries for each transaction listed. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. During the period, bad debts are written off in the amount of $14.700. b. At the end of the period, bad debt expense is estimated to be $16,200. View transaction list Journal entry worksheet During the period, bad debts are written off in the amount of $14,700. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal 1 of 3 Next > MB-3 (Algo) Recording Bad Depts LO6-2 Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No journal entry in the first account field.) a. During the period, bad debts are written off in the amount of $14,700. b. At the end of the period, bad debt expense is estimated to be $16,200. View transaction list Journal entry worksheet E6-2 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales L06-1 The following transactions were selected from the records of Ocean View Company July 12 Sold merchandise to Customer R, who charged the $4,400 purchase on his Visa credit card. Visa charges Oceanview a 2 percent credit card fee. 15 Sold merchandise to Customer at an invoice price of $10,400; terms 2/10, 1/30. 20 Sold merchandise to Customer at an invoice price of $5,400; terms 2/10, 1/30. 23 Collected payment from Customers from July 15 sale. Aug. 25 Collected payment from Customer from July 20 sale. Required: Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31. Net als
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