Ingrid Inc. has an ending Accounts Receivable balance of $833,720 and a credit balance of $3,620 in the Allowance for Doubtful Accounts prior to preparing adjusting entries. It estimates that $6,800 of the Accounts Receivable will be uncollectible. Prepare the adjusting entry at the end of the year. Account Names DR CR  Blank 1. Fill in the blank, read surrounding text.  Blank 2. Fill in the blank, read surrounding text.  Blank 3. Fill in the blank, read surrounding text.  Blank 4. Fill in the blank, read surrounding text.  Blank 5. Fill in the blank, read surrounding text.  Blank 6. Fill in the blank, read surrounding text.  Blank 7. Fill in the blank, read surrounding text.  Blank 8. Fill in the blank, read surrounding text.  Blank 9. Fill in the blank, read surrounding text.  Blank 10. Fill in the blank, read surrounding text.  Blank 11. Fill in the blank, read surrounding text.  Blank 12. Fill in the blank, read surrounding text.  Blank 13. Fill in the blank, read surrounding text.  Blank 14. Fill in the blank, read surrounding text.  Blank 15. Fill in the blank, read surrounding text.  Blank 16. Fill in the blank, read surrounding text. Show your calculation here  Blank 17. Fill in the blank, read surrounding text.

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter14: Accounting For Uncollectible Accounts Receivable
Section14.1: Uncollectible Accounts Receivable
Problem 1OYO
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Ingrid Inc. has an ending Accounts Receivable balance of $833,720 and a credit balance of $3,620 in the Allowance for Doubtful Accounts prior to preparing adjusting entries. It estimates that $6,800 of the Accounts Receivable will be uncollectible. Prepare the adjusting entry at the end of the year.

Account Names DR CR
 Blank 1. Fill in the blank, read surrounding text.  Blank 2. Fill in the blank, read surrounding text.  Blank 3. Fill in the blank, read surrounding text.  Blank 4. Fill in the blank, read surrounding text.
 Blank 5. Fill in the blank, read surrounding text.  Blank 6. Fill in the blank, read surrounding text.  Blank 7. Fill in the blank, read surrounding text.  Blank 8. Fill in the blank, read surrounding text.
 Blank 9. Fill in the blank, read surrounding text.  Blank 10. Fill in the blank, read surrounding text.  Blank 11. Fill in the blank, read surrounding text.  Blank 12. Fill in the blank, read surrounding text.
 Blank 13. Fill in the blank, read surrounding text.  Blank 14. Fill in the blank, read surrounding text.  Blank 15. Fill in the blank, read surrounding text.  Blank 16. Fill in the blank, read surrounding text.
Show your calculation here  Blank 17. Fill in the blank, read surrounding text.

 

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