Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense Assume that Business Solutions has total revenues of $55,000 during the first three months of 2020, and that the Accounts Receivable balance on March 31 2020,15 $21967 Required: 10. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of total revenues on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 16. Prepare the adjusting entry to record bad debts expense, which are estimated to be 39 of accounts receivable on March 31, 2020, There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 2. Assume that Business Solutions's Accounts Receivable balance at June 30, 2020, is $21050 and that one account of $89 has been written off against the Allowance for Doubtful Accounts since March 31, 2020 I Rey uses the method in part 1 what adjusting Journal entry is made to recognize bad debts expense on June 30, 2020? Complete this question by entering your answers in the tabs below. RIA Reg 10 2 Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of total revenues on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 View transaction Journal entry worksheet Record estimated bad debts General Journal Debit Credil March 31 2070 Hardy Chamby View general Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of $55.000 during the first three months of 2020, and that the Accounts Receivable balance on March 31, 2020. is $21.967 Required: 10. Prepare the adjusting entry to record bad debts expense, which are estimated to be 28 of total revenues on March 31 2020. There 19 a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 10. Prepare the adjusting entry to record bad debts expense, which are estimated to be 3% of accounts receivable on March 31, 2020 There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 2. Assume that susiness Solutions's Accounts Receivable balance at June 30, 2020, is $21,050 and that one account of 589 has been written off against the Allowance for Doubtful Accounts unce March 31, 2020 I Rey uses the method in part 1b, what adjusting Journal entry is made to recognize bad debts expense on June 30, 2020? Complete this question by entering your answers in the tabs below. RIA Pa 10 Rea Prepare the adjusting entry to record bad debts expense, which are estimated to be 3% of accounts receivable on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31. (Do not round intermediate calculation View transaction Journal entry worksheet Record estimated bad debts. Dute March 2010 Journal Ost C Chwy Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of $55,000 during the first three months of 2020, and that the Accounts Receivable balance on March 31 2020,15 $21.957 Required: 10. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2 of total revenues on March 31, 2020. There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 1b. Prepare the adjusting entry to record bad debts expense, which are estimated to be 3% of accounts receivable on March 31, 2020 There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 2. Assume that Business Solutions Accounts Receivable balance at June 30, 2020, Is 521050 and that one account of $89 has been written off against the Allowance for Doubtful Accounts since March 31, 2020, If Rey uses the method in part to what adjusting journal entry is made to recognize bad debts expense on June 30, 2020? Complete this question by entering your answers in the tabs below. RIA Raq 10 Req2 Assume that Business Solutions's Accounts Receivable balance at June 30, 2020, is $21.050 and that one account of $99 has been written off against the Allowance for Doubtful Accounts since March 31, 2020, F Rey uses the method in part 1b, what adjusting journal entry is made to recognize bad debts expense on June 30, 20207 (Do not round intermediate calculations) View transactions Journal entry worksheet Record the estimated bad debts. Nobre Date June 30, 2020 Geber Journal Debt Cratt Cha
