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The LNMOP company has an Accounts Receivable balance of$200,000.The Allowance for Doubtful Accounts has a balance of$2000. Given the following aging schedule - journalize the
The LNMOP company has an Accounts Receivable balance of$200,000.The Allowance for Doubtful Accounts has a balance of$2000.
Given the following aging schedule - journalize the adjusting entry for doubtful accounts.
1-3031-6061-90over90
135,00050,00010,0005,000
1%4%10%50%
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