8-Practice Exercise set 22 Selected unadjusted account balances at December 21 2020 are shown below for Demon Serving De

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8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 1 (19.45 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 2 (19.18 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 3 (20.02 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 4 (19.16 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 5 (20.4 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 6 (20.6 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 7 (19.05 KiB) Viewed 41 times

8 Practice Exercise Set 22 Selected Unadjusted Account Balances At December 21 2020 Are Shown Below For Demon Serving De 8 (14.22 KiB) Viewed 41 times

8-Practice Exercise set 22 Selected unadjusted account balances at December 21 2020 are shown below for Demon Serving Debit $63,000 Accant Accounts receivable Allowance for doubtful accounts Sales (all credit) Sales discounts Journal entry worksheet Required: a. Assume that Demron estimates uncollectible accounts as 2% of recevabies. Prepare the adjusting entry 2020 to estimate uncollectible receivables Calt 11,000 437,000 Record the estimate for uncollectible accounts er det before cred Date Immenter 31 General Journal mal browser-OddaunchUit A Deb Cred December 2

Chapter 8-Practice Exercise set #2 2 10 points absk Pren Journal entry worksheet < 1 Record the estimate for uncollectible accounts Note: Enter dette before credits Date December 31, 2020 Record entry General Journal Clear entry Debit Credit Virur general gourmat > Help Check

b. During 2021, credit sales were $565,000 (cost of sales $370,450 sales discounts taken were $11.000 accounts receive collected were $403.300, and accounts written off during the year totalled $9.200 Prepare the entries to record these tractions View transaction ist Journal entry worksheet < 1 Record the credit sales during 2021. Note: Enter debits before credits Year 2021 Record entry General Journal Clear entry Detit Credit >

10 points Mc Book View transaction list Journal entry worksheet 1 fr < Record the cost of sales during 2021. Note: Enter its before credits Year 2021 Record entry General Journal Clear entry Debit Credit View general journal Proy 2 of 3 Next >

pints etlook References Mc Journal entry worksheet 2 Year 2021 3 Record the collections les sales discounts. Note: Enter debits before credits. Record entry 4 General Journal Clear entry Debit Credit View general journal < Prev 2 of 3 Next >

ebook Print References Mc Graw Journal entry worksheet Record the write-off of uncollectible accounts, Note: Enter debits before credits Year 2021 Record entry General Journal Clear entry Debit Credit View general journal < Prev 2 of 3 Next >

c. Record the adjusting entry required on December 31, 2021, to estimate uncollectible recervebles, assuming besed on 25% of t credit sales View transaction st Journal entry worksheet < 1 Record the estimate for uncollectible accounts. Note: Enter debitsbelecredits Date December 31, 2021 Record entry General Journal Clear entry Debit Creat View general journal

points *Book eferences Mc d. Show how accounts receivable would appear on the December 31, 2021 balance sheet Assets Current assets Partial Balance sheet < Pray 2 of 3 Next >>