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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
النسخة 22الرقم المعياري الدولي: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
النسخة 22الرقم المعياري الدولي: 978-0077862275 تمرين 37
Prepare journal entries to record the following selected transactions of Ridge Company.
Mar. 21 Accepted a $9,500, 180-day, 8% note dated March 21 from Tamara Jackson in granting a time extension on her past-due account receivable.
Sept. 17 Jackson dishonors her note when it is presented for payment.
Dec. 31 After exhausting all legal means of collection, Ridge Company writes off Jackson's account against the Allowance for Doubtful Accounts.
Mar. 21 Accepted a $9,500, 180-day, 8% note dated March 21 from Tamara Jackson in granting a time extension on her past-due account receivable.
Sept. 17 Jackson dishonors her note when it is presented for payment.
Dec. 31 After exhausting all legal means of collection, Ridge Company writes off Jackson's account against the Allowance for Doubtful Accounts.
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Note Receivable:
• Note Receivable or P...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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