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At the end of 2017, Pharoah Ltd. has accounts receivable of £715,710 and an allowance for doubtful accounts of £54,140. On January 24, 2018, the company learns that its receivable from Marcello is not collectible, and management authorizes a write-off of £7,050. On March 4, 2018, Pharoah Ltd. receives payment of £7,050 in full from Marcello.

Prepare the journal entries to record this transaction.

1 Jawaban

  • Ok.
    Dalam neraca saldo th 2017, diketahui:
    Piutang = £715.710
    Cad. Kerugian piutang = £54.140

    Tgl 24/01
    Transaksi penghapusan piutang Marcello.
    Jurnal (menggunakan metode tak langsung):
    Allow. For Doubtful (D) £7.050
    Acc. Receivable (K) £7.050

    Tgl 04/03
    Ternyata Marcello bisa membayar utangnya. Jadi, transaksi pelunasan piutang. Jurnal:
    •Mengaktifkan piutang yang telah dihapus:
    Acc. Receivable (D) £7.050
    Allow. For Doubtful (K) £7.050
    •Jurnal pelunasan:
    Cash (D) £7.050
    Acc. Receivable (K) £7.050

    May be useful
    *^_^*

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