Points 01e In Duit On July 31 Bristlecone Pine Art Ltd Had A 64 900 Balance In Accounts Receivable And A 4 300 C 1 (45.22 KiB) Viewed 37 times
Points 01e In Duit On July 31 Bristlecone Pine Art Ltd Had A 64 900 Balance In Accounts Receivable And A 4 300 C 2 (45.22 KiB) Viewed 37 times
points) --01E IN DUIT On July 31, Bristlecone Pine Art Ltd. had a $ 64,900 balance in Accounts Receivable and a $4,300 credit balance in Allowance for Uncollectible Accounts. During August, Bristlecone Pine Art Ltd. made credit sales of $82,000. August cash collections on account were $67,800; write-offs of uncollectible receivables totalled $2.200; and an account of $800 was recovered. After careful assessment of the updated accounts receivables, Bristlecone Pine Art Ltd. estimates that $3,900 won't be collected. Blank #1: What is the updated Accounts Receivable balance? Blank #2: What is the updated Allowance for Uncollectible Accounts balance? Blanks #3-6: Record the estimated uncollectible amount accordingly. Enter the information in the following order: Blank #3: Debit account Blank #4: Debit $-amount Blank #5: Credit account Blank #6: Credit $-amount Required formatting: For $-amounts, only enter the plain number without $-sign. commas etc. Round results to full units (i.e., round to dollar). Blank # 1
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