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please answer part c (b) Your answer is correct. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Granger's
please answer part c
(b) Your answer is correct. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Granger's allowance for doubtful accounts had a credit balance of $14,250 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation June 30 Bad Debts Expense Allowance for Doubtful Accounts Debit Credit eTextbook and Media List of Accounts Attempts: 3 of 3 used (c) Your answer is partially correct. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Granger's allowance for doubtful accounts had a debit balance of $8,350 before adjustment. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) At June 30, Granger Ltd. prepared the following aging schedule: (a) Complete the aging schedule. eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Granger's allowance for doubtful accounts had a credit balance of $14,250 before adjustment. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)Step by Step Solution
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