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Record the adjusting general journal entry for each case

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Question - Record the adjusting general journal entry for each of the following cases:

1. Allowance for doubtful accounts has a credit balance of $835 prior to adjustment. Aging and Analysis of accounts receivables show doubtful accounts of $12,750.

2. Data same as in (1), except the ADA account has a debit balance of $645 before adjustment.

3. ADA has a credit balance of $2,175 just before adjustment. Uncollectible accounts are estimated at 1.75% of sales, which totaled $2,000,000 for the year.

4. Data is the same as in (3), except that the ADA account has a debit balance of $1,340 before adjustment.

Reference no: EM133033368

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