ACCT5021 Accounting

Prepare general journal entries to record the following transactions for the Harris Company. (The company uses the balance sheet approach for recording bad debts expense.)
2010
Dec. 31  Recorded Bad Debts Expense, $800
2011
Jan. 3  Wrote off Jal’s account as uncollectible, $60
Mar. 4  Wrote off Hall’s account as uncollectible, $75
Jul. 5  Recovered $45 from Hall
Aug. 19  Wrote off M. Wilson’s account as uncollectible, $100
Nov. 7  Recovered $25 from Jal


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