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Homework: Chapter 8 homework Score: 0 of 10 pts 5 of 6 (5 complete) HW Score: 77.04%, 77.04 of 10 E8-19 (similar to) E Question Help At January 1, 2018, White Top Flagpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year, White Top Flagpoles recorded the following: (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize White's transactions that occurred during 2018. The company uses the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) (a.) Sales of $181,000 ($162,000 on account: $19,000 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry) Date Accounts and Explanation Dobit Credit 2018 Choose from any list or enter any number in the input fields and then click Check Answer 6 parts O remaining Clear All Check Answer hapter 8 homework 5 of 6 (5 complete) HWS gpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts had a credit balance following: msactions.) s transactions that occurred during 2018. The company uses the allowance method. (Record de journal entry table on accou More Info - X mal s and Ex a. Sales of $181,000 ($162,000 on account; $19,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $134,000. c. Write-offs of uncollectible receivables, $2,100. Print Done ny number in the input fields and then click Check Answer. Clear All apter 8 homework 5 of 6 (5 complete) HW SC poles had Accounts Receivable of $33,000, and Allowance for Bad Debts had a credit balance of ollowing: Factions.) tran Requirements - X debit urna nac al ent and 1. Journalize White's transactions that occurred during 2018. The company uses the allowance method. 2. Post White's transactions to the Accounts Receivable and Allowance for Bad Debts T-accounts. 3. Journalize White's adjustment to record bad debts expense assuming White estimates bad debts as 8% of accounts receivable. Post the adjustment to the appropriate T-accounts. 4.. Show how White Top Flagpoles will report net accounts receivable on its December 31, 2018, balance sheet. Print Done y number in the input fields and then click Check Answer. Clear All cure Financial Accounting ACCT 2213 103 20708 202020 16 Homework: Chapter 8 homework tiny Score: 0 of 10 pts 5 of 6 (5 complete) E8-19 (similar to) At January 1, 2018, White Top Flagpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts White Top Flagpoles recorded the following: i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize White's transactions that occurred during 2018. The company uses the allowance explanation on the last line of the journal entry table.) (a.) Sales of $181,000 ($162,000 on account: $19,000 for cash). Ignore Cost of Goods Sold. (Prepare a singl Date Accounts and Explanation Debit Credit 2018 Accounts Receivable Allowance for Bad Debts Bad Debts Expense Cash Sales Revenue Choose from any list or enter any number in the input fields and then click Check Answer. parts O remaining Clear All Financial Accounting ACCT_2213_103_20708_20202016 Homework: Chapter 8 homework Score: 0 of 10 pts 5 of 6 (5 complete) E8-19 (similar to) At January 1, 2018, White Top Flagpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts White Top Flagpoles recorded the following: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize White's transactions that occurred during 2018. The company uses the allowance explanation on the last line of the journal entry table.) (a.) Sales of $181,000 ($162,000 on account: $19,000 for cash). Ignore Cost of Goods Sold. (Prepare a single Date Accounts and Explanation Debit Credit 2018 Collected cash on account. Record sales for the year. Recorded bad debts expense for the period. Reinstated previously written off account. Choose fron Wrote off uncollectible accounts. nd then click Check Answer. parts O remaining Clear All