JOURNAL ENTRIES | |||
Receivables | 150 000 | ||
Inventory | 150 000 | ||
To record the sale of inventory | |||
Cash | 165 000 | ||
Receivables | 165 000 | ||
To record cash collections | |||
Allowance for bad debt | 30 000 | R | |
Receivables | 30 000 | R | |
To record sale of inventory | |||
As this is highly likely to be a bad debt, it will be reversed when the customer honours their obligation |
A strong term paper outline is a hierarchical plan that organizes your thesis, arguments, and evidence before drafting. It clarifies…
A strong thesis statement for a term paper makes a clear, arguable claim, previews your reasoning, and sets realistic scope.…
Lesson 1: Thesis Lesson 2: Introduction Lesson 3: Topic Sentences Lesson 4: Close Readings Lesson 5: Integrating Sources Lesson 6:…
Lesson 1: Thesis Lesson 2: Introduction Lesson 3: Topic Sentences Lesson 4: Close Readings Lesson 5: Integrating Sources Lesson 6:…
Lesson 1: Thesis Lesson 2: Introduction Lesson 3: Topic Sentences Lesson 4: Close Readings Lesson 5: Integrating Sources Lesson 6:…
Lesson 1: Thesis Lesson 2: Introduction Lesson 3: Topic Sentences Lesson 4: Close Readings Lesson 5: Integrating Sources Lesson 6:…