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Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that...

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Question

Accounting

Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful
Accounts should be $19,350. The account had an unadjusted credit balance of $10,000 at that time.
Required:
Prepare journal entries for each of the following. (If no entry is required for a transaction/event, select "No Journal Entry Required"
in the first account field.)
a. The appropriate bad debt adjustment was recorded.
b. Later, an account receivable for $1,000 was determined to be uncollectible and was written off.
Journal entry worksheet
Record the end-of-period adjustment for bad debts under the aging of
accounts recelvable method.
Note: Enter debits before credits.
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