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Prepare the necessary entries to record the transactions. 1. At the beginning of the current year Bambu reported the an allowance for doubtful account of

Prepare the necessary entries to record the transactions.

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1. At the beginning of the current year Bambu reported the an allowance for doubtful account of 450,000, during the year bambu charged 300,000 to doubtful account, wrote off 200,000 of the uncollectible and recovered 100,000 of a/r previously written off. W he balance of allowance for doubtful account for year ended? Bambu company reported an allowance for doubtful account at the end of 2018 of 200,000 and at year end 2019 of 225,000, a itten off during year 2019 50,000. An , a/r in the amount of 20,000 previously written off (2018) was reinstated and collected th ar(2019). What is the amount of doubtful account allocated this year? The following transactions occurred of Bambu co for the current year 2019.: les of merchandise on account 2/10,n/30 4,000,000 llection within the discount period 1,470,000 lection beyond the discounting period 1,000,000 es return and allowances 25,000 re the necessary entries to record the transactions

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