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Wildhorse Co, has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for

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Wildhorse Co, has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $317.300 2.356,000 5,346 Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Assets - Liabilities Allowance for doubtful accounts Accounts Receivable Common Stock Beg. Bal. $ Adj Wildhorse Co. has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable $317,300 Sales Revenue 2.356,000 Allowance for Doubtful Accounts 5,346 Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses es. (45)) Stockholders' Equity Retained Earnings Common Stock Revenue Expense $ $ Bad debt expense Sales returns & allowances Cont of goods sold Sales revenus Accounts receivable e Textbook and Media List of Accounts

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