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TBSFC00174 Account Analysis The Stellar Retailing Company uses the allowance method to account for uncollectible accounts. In the past, when the firm was smaller, the

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TBSFC00174 Account Analysis The Stellar Retailing Company uses the allowance method to account for uncollectible accounts. In the past, when the firm was smaller, the direct write-off method was used. But now, following a considerable increase in credit sales, the firm has also experienced an increase in bad debts. The firm is able to use past information about uncollectibles to justify the use of the allowance method. For the most recent year (2012), the firm has developed the following data for analysis. Data from the December 31, 2011 Stellar Retailing Company balance sheet follow: Using the information above, provide the details that would have been posted to the following accounts during 2012 . Enter the appropriate account titles in column A by clicking the associated cell and selecting the desired account titles from the list provided. Account titles may be used any number of times or not at all. In the same manner select and enter the appropriate amounts in column B. Use negative values to indicate the amount is subtracted from the account total. Using the information above, provide the details that would have been posted to the following accounts during 2012 . Enter the 41 TBSFC00174 Account Analysis The Stellar Retailing Company uses the allowance method to account for uncollectible accounts. In the past, when the firm was smaller, the direct write-off method was used. But now, following a considerable increase in credit sales, the firm has also experienced an increase in bad debts. The firm is able to use past information about uncollectibles to justify the use of the allowance method. For the most recent year (2012), the firm has developed the following data for analysis. Data from the December 31, 2011 Stellar Retailing Company balance sheet follow: Using the information above, provide the details that would have been posted to the following accounts during 2012 . Enter the appropriate account titles in column A by clicking the associated cell and selecting the desired account titles from the list provided. Account titles may be used any number of times or not at all. In the same manner select and enter the appropriate amounts in column B. Use negative values to indicate the amount is subtracted from the account total. Using the information above, provide the details that would have been posted to the following accounts during 2012 . Enter the 41

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