Harris Computer Store has credit sales of $444,000 in 2024 and a debit balance of...
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Accounting
Harris Computer Store has credit sales of $ in and a debit balance of $ in the Allowance for Doubtful Accounts at yearend. As of December $ of accounts receivable remains uncollected. The credit manager of Harris prepared an aging schedule of accounts receivable and estimates that $ will prove to be uncollectible. On March the credit manager authorizes a writeoff of the $ balance owed by J Mark. a Your answer is partially correct. Prepare the adjusting entry to record the estimated uncollectible accounts expense in Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for the amounts. Account Titles and Explanation Debit Credit Bad Debt Expense Allowance for Doubtful Accounts
Harris Computer Store has credit sales of $ in and a debit balance of $ in the Allowance for Doubtful Accounts at yearend. As of December $ of accounts receivable remains uncollected. The credit manager of Harris prepared an aging schedule of accounts receivable and estimates that $ will prove to be uncollectible.
On March the credit manager authorizes a writeoff of the $ balance owed by J Mark.
a
Your answer is partially correct.
Prepare the adjusting entry to record the estimated uncollectible accounts expense in Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Account Titles and Explanation
Debit
Credit
Bad Debt Expense
Allowance for Doubtful Accounts
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