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Required: Prepare journal entries to record:
1. The amount of bad debt expense for the year 2017
i. 1(a) Show the calculation for bad debt expense
ii. 1(b) Journal entry
2. The bad debt expense on December 31, 2018
i. 2(a) Show the calculation for bad debt expense
ii. 2(b) Journal entry
3. The collection from Tosca on June 5, 2018.
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Required: Prepare journal entries to record: 1. The amount of bad debt expense for the year 2017 i. 1(a) Show the calculation for bad debt expense ii. 1(b) Journal entry 2. The bad debt expense on December 31, 2018 i. 2(a) Show the calculation for bad debt expense ii. 2(b) Journal entry 3. The collection from Tosca on June 5, 2018.

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Journal and Ledger Balance

Trial Balance and Adjustement Entries

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