Drama, Film, and Mass Communication homework help
Drama, Film, and Mass Communication homework help. 12. 5 Doubtful debts-ageing methodon 30 June, the end of its financial year, burnside consulting completed an age analysis of its account receivable and determined that an allowance for doubtful debts of $12320 was needed in order to report accounts receivable at their collectable amount in the balance sheet assume a 10% GST.its required: (a) prepare the entry to record bad debts expense assuming that the allowance for doubtful debts account currently has $1940 credit balance(b) prepare the entry to record bad debts expense assuming that the allowance for doubtful debts account currently has $820 credit balance(c) prepare the entry to write off an account receivable from G.smilf for $781(d) prepare the entry to write off an account receivable in requirement C above if the business was not registered for the GST(e) assume that before the entry recorded in requirement C above the net amount of accounts receivable was $99000 including GST what is the net amount of accounts receivable after recording the write-off of smith’s account? explain
Drama, Film, and Mass Communication homework help
