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Need help on Req 1A, Req 1B, Req 2 Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts

Need help on Req 1A, Req 1B, Req 2
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Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions hos total revenues of $53,000 during the first three months of 2022 and that the Accounts Receivable balance on March 31 2022, is $22,017 Required: 1o. Prepare the adjusting entry to record bad debts expense, which are estimated to be 1% of total revenues on March 31, 2022. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 16. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31, 2022 There is a zero unadjusted bolonce in the Allowance for Doubtful Accounts at March 31, 2. Assume that Business Solutions's Accounts Receivable bolonce at June 30, 2022, is $20,350 and that one account of 585 has been written off against the Allowance for Doubtful Accounts since March 31, 2022. #Rey uses the method in part 16. what adjusting Journal entry is made to recognize bed debts expense on June 30, 2022? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Prepare the adjusting entry to record bad debts expense, which are estimated to be 1% of total revenues on March 31, 2022. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. View transaction list Journal entry worksheet 1 Record estimated bad debts. Note Enter debits before credite General Journal Debit Credit Date March 31 Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of $53,000 during the first three months of 2022 and that the Accounts Receivable balance on March 31, 2022, is $22,017. Required: 18. Prepare the adjusting entry to record bad debts expense, which are estimated to be 1% of total revenues on March 31, 2022. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 1b. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31, 2022 There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. 2. Assume that Business Solutions's Accounts Receivable balance at June 30, 2022, is $20,350 and that one account of $85 has been written off against the Allowance for Doubtful Accounts since March 31, 2022. If Rey uses the method in part 16, what adjusting journal entry is made to recognize bad debts expense on June 30, 2022? Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2 Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31, 2022. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. (Do not round intermediate calculations.) View transaction list Journal entry worksheet Record estimated bad debts. Note: Enter debits before credits. Date Debit Credit March 31 General Journal Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bod debts expense. Assume that Business Solutions has total revenues of $53,000 during the first three months of 2022 and that the Accounts Receivable balance on March 31, 2022, is $22,017 Required: 10. Prepare the adjusting entry to record bod debts expense, which are estimated to be 1% of total revenues on March 31, 2022. There Is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. 1b. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31, 2022 There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 2. Assume that Business Solutions's Accounts Receivable balance at June 30, 2022, is $20,350 and that one account of $85 has been written off against the Allowance for Doubtful Accounts since March 31, 2022. If Rey uses the method in pon 1b, what adjusting journal entry is made to recognize bod debts expense on June 30, 2022? Complete this question by entering your answers in the tabs below. Reg 1A Reg 10 Rea 2 Assume that Business Solutions's Accounts Receivable balance at June 30, 2022, is $20,350 and that one account of $85 has been written off against the Allowance for Doubtful Accounts since March 31, 2022. If Rey uses the method in part 1b, what adjusting Journal entry is made to recognize bad debts expense on June 30, 20227 (Do not round intermediate calculations.) View transaction fist Journal entry worksheet Record the estimated bad debts. Hotel Enter debita before credits Date General Journal Dobit Credit June 30

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