At december 31 2010 braddock company had a balance of 15090

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At December 31, 2010, Braddock Company had a balance of $15,090 in the Allowance for Doubtful Accounts. During 2011, Braddock wrote off accounts totaling $12,630. One of those accounts ($1,660) was later collected. At December 31, 2011, an aging schedule indicated that the balance in the Allowance for Doubtful Accounts should be $18,850.Prepare journal entries to record the 2011 transactions of Braddock Company.

Account/Description Debit Credit
Allowance for doubtful accounts 12630
Accounts receivable 12630
Accounts receivable 1660
Allowance for doubtful accounts 1660
Cash 1660
Accounts receivable 1660
Bad debts expense

Reference no: EM13600769

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