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on January 1 2019 the balance in kubera cos On January 1, 2019. the balance in Kubera Co. Allowance for Bad Debts account was $1,160.

on January 1 2019 the balance in kubera cos
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On January 1, 2019. the balance in Kubera Co. Allowance for Bad Debts account was $1,160. During the year, a total of $3,625 of delinquent accounts receivable was written off as bad debts. The unadjusted balance in the Allowance for Bad Debts account at December 31, 2019, was $1.460. Required: a. What was the total amount of bad debts expense recognized during the year? (Hint Make a T-account for the Allowance for Bad Debts account.) Bad debt expenses b. As a result of a comprehensive analysis, it is determined that the December 31, 2019. adjusted balance of Allowance for Bad Debts should be $4,370. Show the adjustment required in journal entry format. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the entry to adjust the allowance account to the appropriate balance,

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