At December 31,2011,Dodgem Company has Accounts receivable of $25,000.The Allowance for uncollectible accounts has a balance of $(200)before adjustment.
Part A: Show the effect of the following events on the accounting equation,including both account titles and amounts:

Part B: Select the column which represents the 2011 financial statement where the item will appear,and fill in the correct dollar amount:
Part C: Select the column which represents the 2012 financial statement where the item will appear,and fill in the correct dollar amount:

Question

At December 31,2011,Dodgem Company has Accounts receivable of $25,000.The Allowance for uncollectible accounts has a balance of $(200)before adjustment.
Part A: Show the effect of the following events on the accounting equation,including both account titles and amounts:
 
Part B: Select the column which represents the 2011 financial statement where the item will appear,and fill in the correct dollar amount:
  Part C: Select the column which represents the 2012 financial statement where the item will appear,and fill in the correct dollar amount:

Quizplus · Accepted Answer

The Answer of At December 31,2011,Dodgem Company has Accounts receivable of $25,000.The Allowance for uncollectible accounts has a balance of $(200)before adjustment.
Part A: Show the effect of the following events on the accounting equation,including both account titles and amounts:
 
Part B: Select the column which represents the 2011 financial statement where the item will appear,and fill in the correct dollar amount:
  Part C: Select the column which represents the 2012 financial statement where the item will appear,and fill in the correct dollar amount:

At December 31,2011,Dodgem Company Has Accounts Receivable of $25,000