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Stilton Company reported the following in its general ledger. Using your knowledge of receivables transactions, match each of the transactions (a) to (t) with the

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Stilton Company reported the following in its general ledger. Using your knowledge of receivables transactions, match each of the transactions (a) to (t) with the best description of the economic event. Accounts Receivable Service Revenue 120,000 (a) Jan. 1 20,000 (b) 80,000 (a) 120,000 (c) 500 Dec. 59,500 31 (e) 500 (1) Allowance for Doubtful Accounts 500 Bad Debt Expense (d) 900 (c) 500 Jan. 1. 2,000 (d) 900 Dec. 2.400 31 (e) 500 Dec. 31 2,400 (e) 500 Collect previously written-off account 4. Collect accounts receivable

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