Bad Debt Journal Entries

This assignment will provide you with practice preparing the journal entries for writing off customer accounts using the allowance method, for restoring an account that has been previously written off, and for receiving customer payments.

Relevant Excel Functions

This assignment will require you to be able to use some or all of the following Excel functions. Click on the hyperlinked section number next to the relevant Excel skill to be directed to a page showing how to perform the assigned task in Excel:

  • Cell References (1.5)

  • SUM Function (1.14)

  • Basic Calculations (1.3)

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