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The December 3 1 , 2 0 2 0 balance sheet of the ABC had Accounts Receivable of $ 7 6 0 . 0 0
The December balance sheet of the ABC had Accounts Receivable of $ and
a credit balance in Allowance for Doubtful Accounts of $ During the following
transactions occurred: sales on account $ : sales returns and allowances, $ :
collections from customers, : accounts receivables written off. $; previously
written off accounts of $ were collected.
ABC Chart of Account
Chart of Account
Account No
Description
Cash
Sales Revenue
Accounts Receivable
Allowance for Doubtful Accounts
Bad Debt Expense
Sales Return and Allowance
Sales Discount
Enter the Account No and amount for the entry.
Journal entries for Sales:
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