Question
On August 5th, 2009 Norton company determined that the total accounts of starbucks with an accounts receivable balance of $1,300 and Tim hortons. with an
On August 5th, 2009 Norton company determined that the total accounts of starbucks with an accounts receivable balance of $1,300 and Tim hortons. with an accounts receivable balance of $2,600 were uncollectible and written off. On June 2nd, the time hortons. received an inheritance and was able to remit payment of 1,500 to Norton company
Required:
Complete the entry required to reinstate the time hortons. account.
Debit:
Choose...A/R tim hortons. - 1,500Bad debts expense - 2,600A/R tim hortons. - 2,600Allowance for doubtful accounts - 1,500Bad debts expense - 1,100Bad debts expense - 1,500A/R tim hortons. - 1,100Allowance for doubtful accounts - 2,600
Credit:
Choose...A/R tim hortons. - 1,500Bad debts expense - 2,600A/R tim hortons. - 2,600Allowance for doubtful accounts - 1,500Bad debts expense - 1,100Bad debts expense - 1,500A/R tim hortons. - 1,100Allowance for doubtful accounts - 2,600
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