FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
1. Prepare the entry to record the write-off of
uncollectible accounts during 2019.
2. Prepare the entries to record the recovery of
the uncollectible account during 2019
3. Prepare the entry to record
(BDE) at the end of 2019. Ending balance of
AFDA was Rp18,200 (Cr.)
4. Determine the ending balance of
Receivable
5. What is the net realizable value of the
receivables at the end of 2019?
6. The company has a notes receivable of
Rp24,000 at January 15, 2019 for 3 months at
10% interest rate. Prepare
April 15, 2019, on its due date.
Transcribed Image Text:PT ABC shows these balances at beginning 2019 (in Rp000):
Piutang usaha
Penyisihan piutang tak
tertagih
Accounts Receivable
Allowance for doubtful
accounts (AFDA)
201.000
9.000 Cr
During 2019, it had the following balances:
Penjualan bersih non-tunai Net credit sales
Penagihan piutang usaha
Penghapusan piutang tak
tertagih
Penagihan piutang usaha
yang telah dihapus
820.000
Collection of receivables
763.000
Written off uncollectible AR
7.300
AR previously written off as
uncollectible was recovered
3.100
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