Account for accounts receivable and uncollectible accounts

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Reference no: EM13745817

(Learning Objectives 3, 4: Account for accounts receivable and uncollectible accounts) During 2013, Chocolate Passion completed these transactions:

1. Sales revenue on account, $1,030,000

2. Collections on account, $895,000

3. Write-offs of uncollectible, $15,000

4. Uncollectible-account expense, 2% of sales revenue

Journalize Chocolate Passion’s 2013 transactions. Explanations are not required.

Reference no: EM13745817

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