You have just been hired as the accountant for Fan-Tastic Sports Gear Inc., a wholesaler of sporting goods and apparel. The previous accountant left abruptly in late December, 2017, and an accounting intern has been drafting the journal entries since January. You are examining the accounting records before finalizing the journal entries for the first quarter of 2018. The following journal shows some of the accounts receivable transactions that you are reviewing JOURNAL ACCOUNTING EQUATION DEBIT CREDIT ASSETS LIABILITIES COUNTY Jan. 17 Sales 9.600.00 Bad Debt Expense 9.600.00 17 9,500.00 Bad Debt Expense Accounts Receivable- Sports Corp. 9.600.00 21 Cash 10.600.00 Bad Debt Expense 2.300.00 17.900.00 Fan-lasac Sports Gear Inc. Accounts Receivable Four Seasons Sportswear Co. Feb. 15 Accounts Receivable Healthy Running Inc. Bad Debt Expense 3.000.00 500.00 Sales 3.500.00 Mat 4 2.300.00 Accounts Receivable Four Seasons Sportswear Co. Bad Debt Expense 2.500.00 4 Cash 2.500.00 Bad Debt Expense 2.500.00 13 Cash 5.540.00 Accounts Receivable Barts Best Gear 5.540.00 31 Bad Debt Expense 21.070.00 5.250,00 Accounts Receivable Healthy Running Inc Accounts Receivable-The Locker Room 4.100.00 Accounts Receivable-S Sports Corp. 2.780.00 Accounts Receivable-Get Your Gear Inc. TO50.00 19 2. Finalize the journal entries shown on the Fan-Tastic Sports Gear Inc. panel and make any necessary changes. Refer to the Chart of Accounts for the exact wording of account titles. You may also use any tems from the preceding list shown in (1)eeded All transactions on this page must be entered (except for post refls)) before you will receive Check My Work feedback JOURNAL Score: 129/236 ACCOUNTING EQUATION DESCRIPTION ASSETS T ES Revised Journal Entries You have just been hired as the accountant for Fan-Tastic Sports Gear Inc., a wholesaler of sporting goods and apparel. The previous accountant left abruptly in late December, 2017, and an accounting intern has been drafting the journal entries since January. You are examining the accounting records before finalizing the journal entries for the first quarter of 2018. The following journal shows some of the accounts receivable transactions that you are reviewing JOURNAL ACCOUNTING EQUATION DEBIT CREDIT ASSETS LIABILITIES COUNTY Jan. 17 Sales 9.600.00 Bad Debt Expense 9.600.00 17 9,500.00 Bad Debt Expense Accounts Receivable- Sports Corp. 9.600.00 21 Cash 10.600.00 Bad Debt Expense 2.300.00 17.900.00 Fan-lasac Sports Gear Inc. Accounts Receivable Four Seasons Sportswear Co. Feb. 15 Accounts Receivable Healthy Running Inc. Bad Debt Expense 3.000.00 500.00 Sales 3.500.00 Mat 4 2.300.00 Accounts Receivable Four Seasons Sportswear Co. Bad Debt Expense 2.500.00 4 Cash 2.500.00 Bad Debt Expense 2.500.00 13 Cash 5.540.00 Accounts Receivable Barts Best Gear 5.540.00 31 Bad Debt Expense 21.070.00 5.250,00 Accounts Receivable Healthy Running Inc Accounts Receivable-The Locker Room 4.100.00 Accounts Receivable-S Sports Corp. 2.780.00 Accounts Receivable-Get Your Gear Inc. TO50.00 19 2. Finalize the journal entries shown on the Fan-Tastic Sports Gear Inc. panel and make any necessary changes. Refer to the Chart of Accounts for the exact wording of account titles. You may also use any tems from the preceding list shown in (1)eeded All transactions on this page must be entered (except for post refls)) before you will receive Check My Work feedback JOURNAL Score: 129/236 ACCOUNTING EQUATION DESCRIPTION ASSETS T ES Revised Journal Entries
