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Pike Corporation uses the Aging of Receivables Method (balance sheet method) for recording estimated uncollectibles. As of January 1, 20XX, Allowance for Doubtful Accounts had
Pike Corporation uses the Aging of Receivables Method (balance sheet method) for recording estimated uncollectibles. As of January 1, 20XX, Allowance for Doubtful Accounts had a credit balance of $2,000. Record the following selected transaction in general journal form for 20XX
cricket T9 cricket J 04 1 80% 14:30 LTE Ch.9-Assignment.docx ACCT 1100- Chapter 9 - Assignment Pike Corporation uses the Aging of Receivables Method (balance sheet method) for recording estimated uncollectibles. As of January 1, 20XX, Allowance for Doubtful Accounts had a credit balance of $2,000. Record the following selected transaction in general journal form for 20XX (20 points) 4. Sold merchandise on account to Steven Baker, $2,150. Feb. 12 May 7 Wrote off a $475 balance owed by Donna Jacobs, who has declared bankruptcy Oct. 20Received notice from an attorney that Steven Baker had declared bankruptcy Wrote off the entire balance owed bv Baker. Nov. 9 Sold merchandise on account $200. Dec. 31 An aging schedule reveals an estimated $4,000 of uncollectibles. Record the necessarv adiusting entr GENERAL JOURNAL PAGE Post Ref Date Description Debit Credit
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