bad debt expenses eld Mezto.mheducation.com/hm.tpx-Chapter 5 Homework MB On January 1, 2013, the balance in Kubera Co.\'s Allowance for Bad Debts account was $4,860. During the year, a total of $11,950 of delinquent accounts receivable was written off as bad debts. The balance in the Allowance for Bad Debts account at December 31, 2013, was $5,240 Required: a. What was the total amount of bad debts expense recognized during the year? amot b. As a result of a comprehensive analysis, it is determined that the December 31, 2013, balance of Allowance for Bad Debts should be $11,600. Show the adjustment required in journal entry format. view transaction list view general journal Journal Entry Worksheet Record the entry to adjust the allowance account to the appropriate balance. Event General Journal Debit Credit \"Enter debits before credits MacBook Pro Solution ANSWER 1 ANSWER 2 .

1. bad debt expenses
eld Mezto.mheducation.com/hm.tpx-Chapter 5 Homework MB On January 1, 2013, the balance
in Kubera Co.'s Allowance for Bad Debts account was $4,860. During the year, a total of
$11,950 of delinquent accounts receivable was written off as bad debts. The balance in the
Allowance for Bad Debts account at December 31, 2013, was $5,240 Required: a. What was the
total amount of bad debts expense recognized during the year? amot b. As a result of a
comprehensive analysis, it is determined that the December 31, 2013, balance of Allowance for
Bad Debts should be $11,600. Show the adjustment required in journal entry format. view
transaction list view general journal Journal Entry Worksheet Record the entry to adjust the
allowance account to the appropriate balance. Event General Journal Debit Credit "Enter debits
before credits MacBook Pro
Solution
ANSWER 1
ANSWER 2
ALLOWANCE FOR BAD DEBT
ACCOUNTS
CLOSING BALANCE 5240
ACCOUNTS RECEIVABLE WRITTEN OFF 11950
LESS OPENING BALACE 4860
BAD DEBT EXPENSE 12330