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Required information PAB-4 (Alge) Accounting for Accounts and Notes Receivable Transactions (LO 8-2, LO 8-3] The folowing information applies to the questions displayed bel
Required information PAB-4 (Alge) Accounting for Accounts and Notes Receivable Transactions (LO 8-2, LO 8-3] The folowing information applies to the questions displayed bel Web Wizard, Incorporated, has provided information technology sanices for several years. For the first two months of the current year the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quentes, the company whed to the aging of accounts recalable method. The company is the following of transactions during the first quarter a During January, the company provided services for $44,000 on cre On January 31, the company estimated bad dccm using 1 pct ft On February 4, the company colected $22.000 of accounts recevable d On February 15, the comperty wrote of $50 account receive e During February, the company provided services for $34.000 an cad On February 28, the company estimated bed debts using 1 percent of credit s On March 1, the company loaned $2,200 teen employees On March the company colected $50 on the account wit On March 31, the company accrued westeed on the n On March 31, the compery eusted for uncollectie accou Doubtful Accounts has an unused edit belance of $134 aging analysis which PAB-4 (Algo) Part 2 7 862 80 333 44 54 #3 02 Q W E A S D 55 O MacBook Air 66 46 & 99 7 8 R T Y U LL F G H Z X C V H otion command B N
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