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ist At September 3 0 , 2 0 2 5 , the accounts of East Terrace Medical Center ( ETMC ) include the following:
ist
At September the accounts of East Terrace Medical Center ETMC include the following:
tableAccounts Receivable,$Allowance for Bad Debts credit balance
During the last quarter of ETMC completed the following selected transactions:
View the transactions.
Read the requirements.
Transactions
Requirements
Sales on account, $ Ignore Cost of Goods Sold.
Collections on account, $
Wrote off accounts receivable as uncollectible: Silver, Co $; Oliver Co $; and Parrot, Inc., $
Recorded bad debts expense based on the aging of accounts receivable, as follows:
Journalize the transactions omit explanations Open Taccounts for Accounts Receivable and Allowance for Bad Debts using the September balances. Post the transactions to the two Taccounts.
Show how East Terrace Medical Center should report net accounts receivable on its December balance sheet.
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