Business, 25.02.2020 20:21 sally8177

On January 1, 2019, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,104. During the first 11 months of the year, bad debts expense of $21,757 was recognized. The balance in the Allowance for Bad Debts account at November 30, 2019, was $9,904.
Required:
(a) What was the total of accounts written off during the first 11 months? (Hint: Make a T-account for the Allowance for Bad Debts account.)
(b) As the result of a comprehensive analysis, it is determined that the December 31, 2010, balance of the Allowance for Bad Debts account should be $9,450. Show the adjustment required in the journal entry format.

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On January 1, 2019, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,104. During t...

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