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At December 31, 2019, Vaughn Company had a credit balance of $19,800 in Alowance for Doubtful Mocounts

Accounting Nov 29, 2020

At December 31, 2019, Vaughn Company had a credit balance of $19,800 in Alowance for Doubtful Mocounts. During 2020. Vaughn wrote account totsing $11,000 Gee of those account (2.000) was later coke A December 31, 2020, an aging chebuendicated that the balance Nowance for Doubtful Accounts should be $31,100 Prepare your enthes to record the 2020 transactions of Vaughn Company. (Credit account titles are automatically indented when amount is entered. Do norine maal Account Titles and plans Debit Credit (to count in aff) To wewe urteon ( soft cond bad the 2000 Woning Rod A Don WA Won
Exercih Windsor Supply Co has the following tramations related to notes receivable during the last 2 month of 2020. The company does not make entries to acero interest except at December 31 Nov. 1 Lored $18,000 cash to Mary Lopez on a 12 month, 8% note Dec, 11 Sold goods to Ralph Kremer, Inc., receiving a $36,000, 90-day, 6 note 16 Recewed a $20,400, 180 day, 12% more in exchange for Joe Femeta's outstanding cable 31 rued interest reverde on all notes receivable. M June the transmeton for Windsor Supply Co. ignore entries for cost of goods sold.) (Crecent titles are automatically indented when amount is entered Damor Indicated for calculation. Round answers to decimal places275. Hecord journal are in the order presented in the p.) Accent Titles and plant Credit At With
Record the collection of the Lope note atit maturity in 2021. (Cred account titles are automatically defend whow amount is entered Do not inden maally, the days for calcula.) Date Account Explanation Cry Nov. 1

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