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PA8-2 (Algo) Interpreting Disclosure of.Allowance for Doubtful Accounts [LO 8-2] Nath Travel, disclosed the following rounded amounts (in millions) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary Journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account. balances. 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in millions.) PA8-2 (Algo) Interpreting Disclosure of, Allowance for Doubtful Accounts [LO 8-2] Noth Travel, disclosed the following rounded amounts (in mililions) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1.b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary Journal entries for 2017 reloted to (a) estimating Bad Debt Expense and (b) writing off specific customer account bolances. 4. If Nath Travel had written off an odditional $34 of Accounts Recelvable during 2018, by how much would Net Receivables have 3. Supply the missing information for 2018 . decreased? How much would Net income have decreased? Complete this question by entering your answers in the tabs below. Write the Traccount in equation format to prove the above items account for the changes in the account. (Enter your answers 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtrul Accounts is a credit baiance 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary joumal entries for 2017 related to (b) estimating Bad Debt Expense and (b) writing off specific customer account balances. 3. Supply the missing informotion for 2018 . 4. If Nath Travel had written off an odditional $34 of Accounts Recelvable during 2018, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Record summary fournal entries for 2017 related to (a) estimating Bad Debe Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select No Joumal Entry Required in the first account field. Enter your answers in millions.) Journal entry worksheet 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the obove schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the Traccount in equation format to prove the above items account for the changes in the account. 2. Record summary joumal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Record summary journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account fleld. Enter your answers in millions.) Journal entry worksheet Record the adjusting entry in 2017 for the write-off of specific customer balances. Notei Enter debits belore credits. PA8-2 (Algo) Interpreting Disclosure of, Allowance for Doubtful Accounts [LO 8-2] Nath Travel, disclosed the following rounded amounts (in millions) concerning the Allowance for Doubtful Accounts on its Form 10K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The bolance ot the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove the above items account for the changes in the account: 2. Record summary journal entries for 2017 related to (b) estimating Bad Dobt Expense and (b) writing off specific customer account baiances. 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional 34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Inconre have decreased? Complete this question by entering your answers in the tabs below. Supply the missing information for 2018. (Enter your answers in millions.) PA8-2 (Algo) Interpreting Disclosure of Allowance for Doubtful Accounts [LO 8-2] Nath Trovel, disclosed the following rounded amounts (in mallons) conceming the Allowance for Doubtful Accounts on is Form 10-K. annual report. Required: 1.a. Prepare a Traccount for the Allowance for Doubtful Accounts and enter into th the 2016 amounts from the above schedule. The balance at the beginning of eech year in the Allowance for Doubtful Accounts is a credit bolance. 1.b. Write the T-occount in equation format to prove the above items account for the changes in the account. 2. Record summary fournal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances 3. Supply the missing information for 2018 4. if Nath Travel had written off an additionel $34 of Accounts Recelvable during 2018, by how much would Net Recelables have. decreased? How much would Net income have decreased? Complete this question by entering your answers in the tabs below. If Nath Travel had weitten off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvabies have decreased? How much would Net Income have deofeatied? (Enter your answers in millons.) PA8-2 (Algo) Interpreting Disclosure of.Allowance for Doubtful Accounts [LO 8-2] Nath Travel, disclosed the following rounded amounts (in millions) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary Journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account. balances. 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in millions.) PA8-2 (Algo) Interpreting Disclosure of, Allowance for Doubtful Accounts [LO 8-2] Noth Travel, disclosed the following rounded amounts (in mililions) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1.b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary Journal entries for 2017 reloted to (a) estimating Bad Debt Expense and (b) writing off specific customer account bolances. 4. If Nath Travel had written off an odditional $34 of Accounts Recelvable during 2018, by how much would Net Receivables have 3. Supply the missing information for 2018 . decreased? How much would Net income have decreased? Complete this question by entering your answers in the tabs below. Write the Traccount in equation format to prove the above items account for the changes in the account. (Enter your answers 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtrul Accounts is a credit baiance 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary joumal entries for 2017 related to (b) estimating Bad Debt Expense and (b) writing off specific customer account balances. 3. Supply the missing informotion for 2018 . 4. If Nath Travel had written off an odditional $34 of Accounts Recelvable during 2018, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Record summary fournal entries for 2017 related to (a) estimating Bad Debe Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select No Joumal Entry Required in the first account field. Enter your answers in millions.) Journal entry worksheet 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the obove schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the Traccount in equation format to prove the above items account for the changes in the account. 2. Record summary joumal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Record summary journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account fleld. Enter your answers in millions.) Journal entry worksheet Record the adjusting entry in 2017 for the write-off of specific customer balances. Notei Enter debits belore credits. PA8-2 (Algo) Interpreting Disclosure of, Allowance for Doubtful Accounts [LO 8-2] Nath Travel, disclosed the following rounded amounts (in millions) concerning the Allowance for Doubtful Accounts on its Form 10K annual report. Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The bolance ot the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove the above items account for the changes in the account: 2. Record summary journal entries for 2017 related to (b) estimating Bad Dobt Expense and (b) writing off specific customer account baiances. 3. Supply the missing information for 2018 . 4. If Nath Travel had written off an additional 34 of Accounts Recelvable during 2018, by how much would Net Recelvables have decreased? How much would Net Inconre have decreased? Complete this question by entering your answers in the tabs below. Supply the missing information for 2018. (Enter your answers in millions.) PA8-2 (Algo) Interpreting Disclosure of Allowance for Doubtful Accounts [LO 8-2] Nath Trovel, disclosed the following rounded amounts (in mallons) conceming the Allowance for Doubtful Accounts on is Form 10-K. annual report. Required: 1.a. Prepare a Traccount for the Allowance for Doubtful Accounts and enter into th the 2016 amounts from the above schedule. The balance at the beginning of eech year in the Allowance for Doubtful Accounts is a credit bolance. 1.b. Write the T-occount in equation format to prove the above items account for the changes in the account. 2. Record summary fournal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances 3. Supply the missing information for 2018 4. if Nath Travel had written off an additionel $34 of Accounts Recelvable during 2018, by how much would Net Recelables have. decreased? How much would Net income have decreased? Complete this question by entering your answers in the tabs below. If Nath Travel had weitten off an additional $34 of Accounts Recelvable during 2018, by how much would Net Recelvabies have decreased? How much would Net Income have deofeatied? (Enter your answers in millons.)