HOMEWORK 8- CHAPTER 8 Question 9 of 15 -1 Current Attempt in...

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Accounting

HOMEWORK 8- CHAPTER 8
Question 9 of 15
-1
Current Attempt in rrogress
Assume the following information for Tamarisk Corp.
Accounts receivable (beginning balance)
$161,000
Allowance for doubtful accounts (beginning balance),11,300
Net credit sales ,942,000
Collections
912,000
Write-offs of accounts receivable
5,200
Collections of accounts previously written off
2,200
Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable.
(a)
Prepare the entries to record sales and collections during the period. (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 0 for the amounts.)
Account Titles and Explanation
Debit
Credit
image

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