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What am I doing wrong Accounts Allow for NOTE Other Retain Receivab Uncollect Receivab Liab Earn Explaination ber Cash 15,000 (200) 500 Sold Merchandise on
What am I doing wrong Accounts Allow for NOTE Other Retain Receivab Uncollect Receivab Liab Earn Explaination ber Cash 15,000 (200) 500 Sold Merchandise on Account to customer $15000 Received $200 cash payment from customer to settle in house account 15000 200 500 Sold Merchandise on Account to customer $500 Sold merchandise for cash $300 Sold merchandise on account to customer $800 Allow for bad debt of 2% of credit sales (bal of credit sales $5000) Sold Merchandise on account to customer $2500 sold merchandise on account to customer $75 converted a credit customer account ($2500) to a note receivable 100 -100 10 (2,500) 2500 TALS 200 12,800 -100 2,500 5400 TOT ASSETS 12,900.0 Questions? What is the balance of Cash? TOT LUAB+SE 17,900.00 Accounts Receeivable
What am I doing wrong
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