prospecting supply company of edson completed the following transactions additional 4373039

Prospecting Supply Company of Edson completed the following transactions: Additional Data as of 01/01/2013: Required a. Journalize the transactions. b. Post to Allowance for Doubtful Accounts, Income Summary, or Bad Debts Expense as needed. (Be sure to record the beginning balance in the allowance account in your Study Guide with Working Papers.) c. Prepare a current assets section of the balance sheet. Ending balances needed: Cash, $16,742; Accounts Receivable, $142,000; Office Supplies, $2,630; Merchandise Inventory, $107,000; Prepaid Rent, $3,500; and your calculated balance for Allowance for Doubtful Accounts. View Solution:
Prospecting Supply Company of Edson completed the following transactions Additional Data

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