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Accounting
Please double check these answers for me, thanks!!
23-700 points value During Burns Company's first year of operations, credit sales totaled $152,000 and collections on credit sales totaled S111.000 Burns estimates that bad debt losses will be 1 5% of credit sales By year-end. Burns had written off $360 of specific accounts as uncollectible. Required: 1 Prepare all appropriate jounal entries relative to uncollectible accounts and bad debt expense (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry to write-off specific accounts Note: Enter debits before credito
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