Question
What journal entry did Company A record in 2021 to record bad debt expense related to trade accounts receivable from customers? Changes in the allowance
What journal entry did Company A record in 2021 to record bad debt expense related to trade accounts receivable from customers? Changes in the allowance for doubtful accounts of trade receivables during the year were as follows:
2020 At Jan 1: 22,842 Additional Provisions: 5,743 Utilizations: (2,860) At Dec 31: 25,725
2021 At Jan 1: 25,725 Additional Provisions: 2,094 Utilizations: (1,835) At Dec 31: 25,984
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Introduction To Cost Accounting
Authors: Don R. Hansen, Maryanne Mowen, Liming Guan, Mowen/Hansen
1st International Edition
0538749636, 978-0538749633
