PROBLEM #1-A PROBLEM #3-C

ADA, JAN 1 280 000 CREDIT SALES 40 000 000

ACCOUNTS WRITTEN OFF (230 000) AR 8 000 000
ACCOUNTS RECOVERED 50 000 ADA (500 000)
DOUBTFUL ACC EXP (?) 100 000 NRV 47 500 000
*ADA, DEC 31 200 000
PROBLEM #4
AR, DEC 31 2 700 000
NRV (2 500 000) AR, JAN 1 1 300 000
*ADA, DEC 31 200 000 CREDIT SALES 5 400 000
COLLECTIONS FROM 4 750 000
CUSTOMERS
PROBLEM #1-B ACC WRITTEN OFF 125 000
TOTAL 1 825 000
NRV 2 700 000

PROBLEM #5-A
PROBLEM #2
AR, JAN 1 650 000
ADA, 2021 900 000 CREDIT SALES 2 700 000
DOUBTFUL ACC EXP 160 000 SALES RETURN (75 000)
ACC WRITTEN OFF (?) (60 000) ACC WRITTEN OFF (40 000)
ADA, 2022 1 000 000 COLLECTIONS (2 150 000)
TOTAL AR, DEC 31 1 085 000
PROBLEM #3
100 000 PROBLEM #5-B
0-30 DAYS
AR, DEC 31 1 085 000
200 000 SALES RETURN (50 000)
31-60 DAYS
UNCOLLECTIBLE ACC (110 000)
OVER 60 DAY 200 000
NRV 925 000
TOTAL ADA 500 000

PROBLEM #3-A
TOTAL ADA 500 000
UNADJUSTED ENDING 20 000
BALANCE
TOTAL 520 000

PROBLEM #3-B
100 000
0-30 DAYS
200 000
a31-60 DAYS
OVER 60 DAY 200 000
TOTAL ADA 500 000