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majestico majestico
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6 years ago
Prepare general journal entries to record the following transactions for the Smith Company. (The company uses the balance sheet approach for recording bad debts expense.)

2015
Dec.   31   Recorded Bad Debts Expense, $900
2016
Jan.   3   Wrote off Jal's account as uncollectible, $260
Mar.   4   Wrote off Hall's account as uncollectible, $95
Jul.   5   Recovered $55 from Hall
Aug.    19   Wrote off M. Wilson's account as uncollectible, $50
Nov.   7   Recovered $45 from Jal
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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6 years ago
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