At December 31,2021, Metlock Company had a credit balance of $16,100 in Allowance for Doubtful...
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At December Metlock Company had a credit balance of $ in Allowance for Doubtful Accounts. During Metlock wrote off accounts totaling $ One of those accounts of $ was later collected. At December an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $ Prepare journal entries to record the transactions of Metlock Company. Credit account titles are automatically Indented when amount is entered. Do not indent manually. Account Titles and Explanation Debit Credit To record amount written off To reverse writeoff To record collection of writeoff To record estimated bad debts for the year 
At December Metlock Company had a credit balance of $ in Allowance for Doubtful Accounts. During Metlock wrote off accounts totaling $ One of those accounts of $ was later collected. At December an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $
Prepare journal entries to record the transactions of Metlock Company. Credit account titles are automatically Indented when amount is entered. Do not indent manually.
Account Titles and Explanation
Debit
Credit
To record amount written off
To reverse writeoff
To record collection of writeoff
To record estimated bad debts for the year
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