332

會計(英文)銷貨百分比法跟應收帳款餘額百分比法題目...

At each calender year-end

Cabool Supply Co. uses the percent of accounts receivable method to estimate bad debts. On Dec. 31

2005

it has outstanding accounts receivable of $53

000

and it estinates that 4% will be uncollectible. Prepare the adjusting entry to record bad debts expense for year 2005 under the assumption that the Allowance for Doubtful Accounts has (a)a $915 credit balance before the adjustment and (b)a $1

332 debit balance before the adjustment.麻煩會的大大 幫我解題~

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