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Your answer is partially correct. Prepare the adjusting journal entry to record bad debts expense at June 3 0 assuming that Cinrich's allowance for doubtful
Your answer is partially correct.
Prepare the adjusting journal entry to record bad debts expense at June assuming that Cinrich's allowance for doubtful accounts had a debit balance of $ before adjustment. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Date Account Titles and Explanation
Debit
Credit
June
Bad Debts Expense
Allowance for Doubtful Accounts
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