The following transactions relate to Tassie Wholesalers Ltd' uncollectable accounts

for the financial year ended 30 June 2022. Transactions are GST inclusive.

Jul 13

Wrote off the account of Tassie Tires due to the length of time it had been

outstanding. The account had a balance of $5,500.

Aug 18 Received $2,200 of the $3,300 owing from Huonville Meats. The

remainder was written off as a bad debt.

Oct 10

Re-established the account of V. Spatafore and recorded the collection of

$4,400 in full payment of the account which was previously written off as a bad

debt

Dec 1 Received a formal notification that S. Bucco was insolvent and wrote off the

$2,970 owing on her account as uncollectable.

Mar 3

Received 50% of the $6,600 owing by Chigwell Constructions and wrote off

the remainder as a bad debt.

Apr 25 Received $7,700 from Battery Point Distillery in full payment of the

account which was previously written off as a bad debt.

Jun 30

The Allowance for Doubtful Debts account needs to be adjusted to 5% of

the Accounts Receivable Control account balance.

The Accounts Receivable Control account had an opening balance of $381 090 at 1

July 2020. The opening balance of the Allowance for Doubtful Debts account was

$9,300 credit.

Required:

a.

Prepare the general journal entries to record the above transactions. You are not

required to complete narrations or posting references

b. Complete the Accounts Receivable Control account (running balance format). You are not required to complete posting references or individual subsidiary ledgers for each debtor.