•2004Dec.31 estimated that uncollectible-account expen

•2004
Dec.31 estimated that uncollectible-account expensefor the year was ¾ of 1% on credit sales of $ 400,000,and recorded that amountas expense.
•2005
Jan.17 sold inventory to Mitch Vanez,$600,on account.Ignore cost of goods sold.
June 29 wrote off the Mitch Vanezaccount as uncollectible after repeated efforts to collect from him.
Aug.6 received $200 from Mitch Vanez,along with a letter stating his intention to pay within 30 days.Reinstated hisaccount in full.
Sept.4 received the balance duefrom Mitch Vanez
Dec.31 made a compound entry towrite off the following accounts as uncollectible:Bernard Klaus,$700; MarieMonet,$300; and Terry Fuhrman,$600.
31 estimated that uncollectible-accountexpense for the year was 2/3 of 1% on credit sales of $480,000,and recordedthat amount as expense.
Requirement:
All accounts begin with a zerobalance.
The december 31,2005,balance of AccountsReceivable is $139,000.Show how Accounts Receivable would be reported on thebalance sheet at that date.
Dec.31 made a compound entry towrite off the following accounts as uncollectible:Bernard Klaus,$700; MarieMonet,$300; and Terry Fuhrman,$600.
最后两行是多打的......直接忽略就好~