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The Accounts Recelvable balance and Allowance for Bad Debts for World Class Sport Shoes at December 31, 2023, was $10,800 and 52,000 (credt balance). respectively.

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The Accounts Recelvable balance and Allowance for Bad Debts for World Class Sport Shoes at December 31, 2023, was $10,800 and 52,000 (credt balance). respectively. During 2024, World Class Sport Shoes completed the following transtactions: (Cick the icon to view the transactions) Read the requisemests. Requirement 1. Journalize World Class Sport Shoes's transactions for 2024 assuming World Class Sport Shoes uses the allowance method. (Record debits frst, then credits. Seleci the explanatic on the last line of the joumal entry table. ) a. Sales revenue on account, $275.400 (gnore Cost of Goods Sold) Requirements 1. Journalize World Class Sport Shoes's transactions for 2024 assuming World Class Sport Shoes uses the allowance method. 2. Post the transactions to the Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense T-accounts, and determine the ending balance of each account. 3. Show how accounts receivable would be reported on the balance sheet at December 31, 2024. The Accounts Recelvable balance and Allowance for Bad Debts for World Class Sport Shoes at December 31, 2023, was $10,800 and 52,000 (credt balance). respectively. During 2024, World Class Sport Shoes completed the following transtactions: (Cick the icon to view the transactions) Read the requisemests. Requirement 1. Journalize World Class Sport Shoes's transactions for 2024 assuming World Class Sport Shoes uses the allowance method. (Record debits frst, then credits. Seleci the explanatic on the last line of the joumal entry table. ) a. Sales revenue on account, $275.400 (gnore Cost of Goods Sold) Requirements 1. Journalize World Class Sport Shoes's transactions for 2024 assuming World Class Sport Shoes uses the allowance method. 2. Post the transactions to the Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense T-accounts, and determine the ending balance of each account. 3. Show how accounts receivable would be reported on the balance sheet at December 31, 2024

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