Sajan Kamboj & 1 07/27/2 Homework: Chapter 9 Score: 4.67 of 5 pls Problem 9-2B (book/static) 3 of 3 (3 complete) HW Score: 88 01%8 Transactions Choices Clothing completed the following selected transactions during 2019 and 2020 Click the icon to view the transactions.) Required 2019 Dec & MURU RUBRICOUSTILOURSES. LALU 31 Estimated that bad debt expense for the year was 3 percent of credit sales of $748.000 and recorded that amount as expense General Journal 31 Made the closing entry for the bad debit pense account 2020 Date Account Titles and Explanations Post Rel Debit Credit Feb 17 Sold inventory to Bruce Jones, 51.412. on credit forms of 2/10, 30 gnore the cost 2020 of goods sold Jul 29 Wrote off Jones's account as uncollectible or repeated efforts to collect from the Dec 31 Bad Debt Expense 25 customer Allowance for Doubtful Accounts 25 Sep 6 Received $1,150 from Bruce Jones, along with a letterstating is intention to pay his debut in full within 45 days Reinstated the account in Oct 21 Received the balance due from Jones b. Show how Accounts Receivable will be reported on the December 31, 2020. balance sheet Dec 31 Made a compound entry to write off the following accounts as uncollectie Sean Rooney, 51610 Sargent Lid. 53.075, and Linda Lod 511 580 Balance Sheet (Partial): 31 Estimated that bad debt expense for the year was 3 percent of credit sales of Current Assos 5860,000 and recorded the expense 31 Made the desing entry for the bad debt expense Print Done Choose from any list or enter any number in the input fields and then click Check Answer GAL All parts showing ENO 9 Wuuuu Quel Choices Clothing completed the following selected transactions during 2019 and 2020 (Click the icon to view the transactions.) Required Requirement 3. Assume that Choices Clothing begins aging is accounts on December 31, 2020. The balance in Accounts Receivable is $501.000, the credit balance in lowance for Dollecourts 1975 company estimates that $32.000 of its accounts receivable will prove uncollectie a. Make the adjusting entry for uncollectibles (Record debits first, then credits. Exclude explanations from Journal entries) General Journal Transactions - X Date Account Titles and Explanations Post Ret Debit Credit 25 2020 Dec 31 Bad Debt Expense Allowance for Doubtful Accounts 2019 Dec 25 31 Estimated that bad debt expense for the year was 3 percent of credits of $748,000 and recorded that amount as expense 31 Made the closing entry for the bad debt expense account b. Show how Accounts Receivable will be reported on the December 31, 2020, balance sheet 2020 Feb Balance Sheet (Partial): Current Assets Jul Sep 17 Sold inventory to Bruce Jones, 51,412, on credit forms of 2/10,30 ignore the cost of goods sold 29 Wrote of Jones's account as uncollectible after repeated efforts to collect from the customer 6 Received 51,150 from Bruce Jones along with a little stating histortion to pay his debut in full within 45 days. Reinstated the accountin 21 Read the balance de from Jonas ENG 15 AM 20-027 Choose from any list or enter any number in the inputtelds and then click Check Answer Oct So as complete HW Score: 8801% Debat Crede General Journal Date Account Tiles and Explanations Post Rel 2020 Dec 31 Bad Debt Expense Allowance for Doubtful Accounts 25 Transactions 25 b. Show how Accounts Receivable will be reported on the December 31, 2020, balance sheet 2019 Dec Balance Sheet (Partial): Current Assets 31 Estimated that bad debt expense for the year was 3 percent of credits of 5748.000 and recorded that amount as compense 31 Made the closing entry for the bad debt expense account 2020 Feb JU Choose from any list or enter any number in the input fields and then click Check Answer Sep Sold inventory to Bruce Jones, 51,412, on creams of 2/10, 1/30 or the cost of goods sold 29 Wrote off Jones's account as uncollectible who repeated efforts to come from the customer 6 Received 51.150 from Bruce Jones, along with the stating his won to pay his dottin full within 45 days. Reinstated the accountin 21 Received the balance due from Jones 31 Made a compound entry to write of the following accounts as collectie Sean Rooney, 51610. Sargent Lid. 53,075, and Linda Led 511.580 31 Estimated that bad debt expense for the year was 3 percent of credito 5860 000 and recorded the expense 31 Made the desing entry for the bad debt expense All parts showing Oct Dec Sajan Kamboj & 1 07/27/2 Homework: Chapter 9 Score: 4.67 of 5 pls Problem 9-2B (book/static) 3 of 3 (3 complete) HW Score: 88 01%8 Transactions Choices Clothing completed the following selected transactions during 2019 and 2020 Click the icon to view the transactions.) Required 2019 Dec & MURU RUBRICOUSTILOURSES. LALU 31 Estimated that bad debt expense for the year was 3 percent of credit sales of $748.000 and recorded that amount as expense General Journal 31 Made the closing entry for the bad debit pense account 2020 Date Account Titles and Explanations Post Rel Debit Credit Feb 17 Sold inventory to Bruce Jones, 51.412. on credit forms of 2/10, 30 gnore the cost 2020 of goods sold Jul 29 Wrote off Jones's account as uncollectible or repeated efforts to collect from the Dec 31 Bad Debt Expense 25 customer Allowance for Doubtful Accounts 25 Sep 6 Received $1,150 from Bruce Jones, along with a letterstating is intention to pay his debut in full within 45 days Reinstated the account in Oct 21 Received the balance due from Jones b. Show how Accounts Receivable will be reported on the December 31, 2020. balance sheet Dec 31 Made a compound entry to write off the following accounts as uncollectie Sean Rooney, 51610 Sargent Lid. 53.075, and Linda Lod 511 580 Balance Sheet (Partial): 31 Estimated that bad debt expense for the year was 3 percent of credit sales of Current Assos 5860,000 and recorded the expense 31 Made the desing entry for the bad debt expense Print Done Choose from any list or enter any number in the input fields and then click Check Answer GAL All parts showing ENO 9 Wuuuu Quel Choices Clothing completed the following selected transactions during 2019 and 2020 (Click the icon to view the transactions.) Required Requirement 3. Assume that Choices Clothing begins aging is accounts on December 31, 2020. The balance in Accounts Receivable is $501.000, the credit balance in lowance for Dollecourts 1975 company estimates that $32.000 of its accounts receivable will prove uncollectie a. Make the adjusting entry for uncollectibles (Record debits first, then credits. Exclude explanations from Journal entries) General Journal Transactions - X Date Account Titles and Explanations Post Ret Debit Credit 25 2020 Dec 31 Bad Debt Expense Allowance for Doubtful Accounts 2019 Dec 25 31 Estimated that bad debt expense for the year was 3 percent of credits of $748,000 and recorded that amount as expense 31 Made the closing entry for the bad debt expense account b. Show how Accounts Receivable will be reported on the December 31, 2020, balance sheet 2020 Feb Balance Sheet (Partial): Current Assets Jul Sep 17 Sold inventory to Bruce Jones, 51,412, on credit forms of 2/10,30 ignore the cost of goods sold 29 Wrote of Jones's account as uncollectible after repeated efforts to collect from the customer 6 Received 51,150 from Bruce Jones along with a little stating histortion to pay his debut in full within 45 days. Reinstated the accountin 21 Read the balance de from Jonas ENG 15 AM 20-027 Choose from any list or enter any number in the inputtelds and then click Check Answer Oct So as complete HW Score: 8801% Debat Crede General Journal Date Account Tiles and Explanations Post Rel 2020 Dec 31 Bad Debt Expense Allowance for Doubtful Accounts 25 Transactions 25 b. Show how Accounts Receivable will be reported on the December 31, 2020, balance sheet 2019 Dec Balance Sheet (Partial): Current Assets 31 Estimated that bad debt expense for the year was 3 percent of credits of 5748.000 and recorded that amount as compense 31 Made the closing entry for the bad debt expense account 2020 Feb JU Choose from any list or enter any number in the input fields and then click Check Answer Sep Sold inventory to Bruce Jones, 51,412, on creams of 2/10, 1/30 or the cost of goods sold 29 Wrote off Jones's account as uncollectible who repeated efforts to come from the customer 6 Received 51.150 from Bruce Jones, along with the stating his won to pay his dottin full within 45 days. Reinstated the accountin 21 Received the balance due from Jones 31 Made a compound entry to write of the following accounts as collectie Sean Rooney, 51610. Sargent Lid. 53,075, and Linda Led 511.580 31 Estimated that bad debt expense for the year was 3 percent of credito 5860 000 and recorded the expense 31 Made the desing entry for the bad debt expense All parts showing Oct Dec