Answer:
accounts receivables 745,500 debit
sales revenues 745,500 credit
cash 835,120 debit
accounts receivables 835,120 credit
allowance for uncollectible amount 7,831 credit
accounts receivables 7,831 credit
accounts receivables 3,184 debit
allowance for uncollectible ammount 3,184 credit
uncollectible amount expense 19,397 debit
allowance for uncollectible amount 19,397 credit
net receivables 76.733
Explanation:
Allowance balance before adjustment:
9,350 - 7,831 + 3,184 = 4,703
estimated uncollectible amount within our accounts receivables 24,100
adjusmtent 24,100 - 4,703 = 19,397
net account receivables:
195,100
+ 745,500 sales on account
- 835,120 collected
-7,831 write-off
+3,184 recovery
<u>-24,100 allowance</u>
76.733
