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Post the adjustment to the appropriate T-accounts. First enter and label the Jan. 1, 2016 balance for the Bad Debt Expense account, then post the
Post the adjustment to the appropriate T-accounts.
First enter and label the Jan. 1, 2016 balance for the Bad Debt Expense account, then post the adjustment to the appropriate T-accounts. (Enter a "0" on the normal side of the account for any zero balances.)
LUlu, Hagpoles had Accounts Receivable ots30,000, and Allowance for Bad Debts had a aedit balance of 000 Dunng the year Read transactions) the requirement TRecousog, aaaeDD expense opnate -accounts First enter and label t Jan. 1.2016 balance for the Bad Debt Expense account, then postthe adjustment to the appropriate T accounts. (Enter a on Accounts Receivable Allowance for Bad Debts Jan. 1, 2016 Bal 30,000 126,000 Collections Write-offs 2,30 4.000 Jan. 1, 2016 Bal Net credit sales 165,00 2,300 Write-offs Unad Bal. 66,700 1,700 Unad Bal Dec. 31 2016 Bal Bad Debts Expense Jan. 1, 2016 Bal Adj. Choose from any list or enter any number in the input fields and then dick Check Answer 1 remaining
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