Question 4 of 8 - /0.5 View Policies Current Attempt in Progress Teal Mountain Company has been in business several years. At the end of the current year, the unadjusted balances show. Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $372.000 2,640,000 6,840 Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary (Enter negative amounts using either a negative sin preceding the number eg.:45 or parentheses es (451) Assets Liabilities Accounts Receivable Allowance For Doubtful Accounts Common Stock Bea Bal 372.000 $ 3540 Ad e Textbook and Media List of Accounts Attempt of Jused Sun A E SHOREN...pl FREE Shormos FREE BLUEPACEmpa O o 2 terjusted balances show ccounts Receivable ales Revenue allowance for Doubtful Accounts $372,000 2,640,000 6,840 ad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary Enter negative amounts using either a negative sign preceding the number as 45 or parentheses es (451) Common Stock Stockholders' Equity Retained Earnings Expense $ + Revenue Cost of foods sol Accounts receive Baddebt expand Sales returns & allowances Servers eTextbook and Media List of Accounts Save for at Attempts: 0 of 3 used Samit Answer CHORSUN...mps * FREE Shoreline.mp3 IFREE BLUEFACE mp3 2 o re o Question 4 of 8 0.21/0.5 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Teal Mountain Company has been in business several years. At the end of the current year, the unadjusted balances show, Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $372.000 2.640,000 6,840 Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary (Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses es (454 Assets Liabilities Allowance For Doubtful Accounts Accounts Receivable Common Stos Beg Bali $ 372.000 $ -6840 Ad e Textbook and Media List of Accounts Attempts: 1 of 3 used Submit SO SELLEFACE .mp3