Do Homework ttps://www.mathxl.com/Student/PlayerHomework.aspx?homeworkid-5% 1&questionid-4&flushed-false&cld-5343885-... ACCT 102 DB Intro ll (1) 1/13/19 2:13 PM Homework: Chap. 8 HWA Sav Score: 0 of 1 pt 4 of 10 (8 complete) S8-6 (similar to) Question Help During its first year of operations, h late Pass earned net credit sales of $367,000. Industry experience suggests that bad debts will amount to 1% of net credit sales. At December 31, 2018, accounts receivable total $37,000. The company uses the allowance method to account for uncollectibles. Read the requirements Requirement 1. Journalize Chocolate's Bad Debts Expense using the percent-of-sales method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then click Check Answer. remaining Clear All Check Answer

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ACCT 102 DB Intro ll (1)
1/13/19 2:13 PM
Homework: Chap. 8 HWA
Sav
Score: 0 of 1 pt
4 of 10 (8 complete)
S8-6 (similar to)
Question Help
During its first year of operations, h late Pass earned net credit sales of $367,000. Industry experience suggests that bad debts will amount to 1% of net credit
sales. At December 31, 2018, accounts receivable total $37,000. The company uses the allowance method to account for uncollectibles.
Read the requirements
Requirement 1. Journalize Chocolate's Bad Debts Expense using the percent-of-sales method. (Record debits first, then credits. Select the explanation on the last line
of the journal entry table.)
Date
Accounts and Explanation
Debit
Credit
Dec.
31
Choose from any list or enter any number in the input fields and then click Check Answer.
remaining
Clear All
Check Answer
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Do Homework ttps://www.mathxl.com/Student/PlayerHomework.aspx?homeworkid-5% 1&questionid-4&flushed-false&cld-5343885-... ACCT 102 DB Intro ll (1) 1/13/19 2:13 PM Homework: Chap. 8 HWA Sav Score: 0 of 1 pt 4 of 10 (8 complete) S8-6 (similar to) Question Help During its first year of operations, h late Pass earned net credit sales of $367,000. Industry experience suggests that bad debts will amount to 1% of net credit sales. At December 31, 2018, accounts receivable total $37,000. The company uses the allowance method to account for uncollectibles. Read the requirements Requirement 1. Journalize Chocolate's Bad Debts Expense using the percent-of-sales method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then click Check Answer. remaining Clear All Check Answer