Accountancy, asked by Khanbazil909, 8 months ago

pass general entries to record the above transactions

• Account Receivable on 1.1.2017 is 80,000

• Allowance for Bad debts on 1.1.2017 is 500

• Sales is 850,000

• Sales return and allowance is 10,000

• Cash Collection from customers is 675,000

• Customers’ accounts written off amount is 50,000

• Previously written off accounts recovered is 1,500

• Bad debts expenses are estimated to be 1

Answers

Answered by DSPTHEGREAT
0

Answer:

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