y******e
发帖数: 122 | 1 Nieto Co. elects to use the percentage-of-sales basis in 2008 to record bad
debts expense. It estimates that 2% of net credit sales will become
uncollectible. Sales are $800,000 for 2008, sales returns and allowances are
$45,000, and the allowance for doubtful accounts has a credit balance of $9
,000. Prepare the adjusting entry to record bad debts expense in 2008.
Bad debts expense
Allowance for doubtful accounts
计算了一下，24100和6100都不对。 | d**********s
发帖数: 103 | | y******e
发帖数: 122 | 3 6100是Under the percentage-of-receivables basis,这个是percentage-of-sales
basis
【在 d**********s 的大作中提到】
: 我算是6100啊，哪个高人指点一下
| y******e
发帖数: 122 | 4 6算出来了，是15100，不计算the allowance for doubtful accounts | b****a
发帖数: 249 | 5 AR basis, 要off掉现在的allowance balance
sales basis, debit bad debts expense, credit (sales-return)*percent |
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