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prepare accounting entries and T ACCOUNT Q (0) Marbella Pure conduct cleaning boses on the credit basis. Ho provides the vie first and collect the
prepare accounting entries and T ACCOUNT Q (0) Marbella Pure conduct cleaning boses on the credit basis. Ho provides the vie first and collect the account receivable in 60 days. The Allowance for Doubtful Dobis coon 1 October 2019 is $3.993. The following information is available: 1. The businesses aging of account receivable method to socount the bed debt 2. The contrat is required to update the balance of allowance of doubtful dobt sccount at the end of each month 3. On 3 October 2019 a total of $1,997 owed by Lucy Frone has been deemed Collectable and therefore written off. 4. The total sales recorded during 1 October 2019 to 31 October 2019 is $832,977 5. The balance in the Account receivable on 31 October 2019 is $198,300 6. On 31 October 2019 the accountant estimates that 3% of the account receivablo is estimated as doubtful
prepare accounting entries and T ACCOUNT
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