题目

The accounting record of Barnaby Engineering Ltd at the end of 2013 financial year had
reported an Accounts Receivable balance of $85,000 (debit) and Provision for Doubtful
Debts of $700 (debit).Net credit sales for the year amounted to $350,000 and the credit
Sales Return and Allowances for the year was $45,000.In addition,the Provision for
Doubtful Debts has not yet been adjusted for 2013 financial year.
Required:
(a) At the end of 2013,the following Accounts Receivable were deemed to
be uncollectible:
Amoeba $ 8,750
Porkie $11,250
Total $20,000
Show the journal entry necessary to write off the above accounts.
(b) Assume that Barnaby Engineering Ltd uses the percentage of sales
method to estimate Doubtful Debts Expense and the management of
the firm decided to provide the Provision for Doubtful Debts for 2013 at
the rate of 0.5% of net credit sales.Show the journal entry to adjust the
Provision for Doubtful Debts.
(c

提问时间：2020-12-16

答案

1.收不回货款的20000美元要核销,调整坏账准备账户.2.按2%比例计提坏账准备.