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Under the allowance method, entry would be: Allowance for Doubtful Accounts (DR) Account Receivable (CR)

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Q: What is the general ledger journal entry to write off accounts receivable?
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What is the general ledger journal entry to reverse the write off of accounts receivable?

Accounts Receivable - DR Bad Debts written off - CR


What is the general ledger journal entry to write off accounts receivale checks?

Debit bad debtsCredit accounts receivable


What are the two general ledger accounts that may act as control accounts for a subsidiary ledger?

accounts receivable and accounts payable


When does the AP requires a subsidiary ledger?

A control account is an account found in the general ledger such as accounts receivable,Accounts Payable,inventory etc. The accounts are a summation of entries made in the subsidiary ledgers and are.When using a General Ledger, accounts such as Accounts Payable or Accounts Receivable are much easier to work with in the General Ledger if they have a "single" sum of all accounts, in other words.


When The AP ledger requires a subsidiary ledger?

A control account is an account found in the general ledger such as accounts receivable,Accounts Payable,inventory etc. The accounts are a summation of entries made in the subsidiary ledgers and are.When using a General Ledger, accounts such as Accounts Payable or Accounts Receivable are much easier to work with in the General Ledger if they have a "single" sum of all accounts, in other words.


What record that contains all accounts of company?

general ledger, general journal, special ledger, special journal, column balance ledger.


Four main ledgers for bookkeeping in business?

The General Ledger The Account receivable Ledger The Accounts payable Ledger


What is the general ledger journal entry to write off notes receivable?

debit bad debtscredit notes receivable


The controlling account in the general ledger that summarizes the debits and credits to the individual customers accounts in the subsidiary ledger is entitled?

Accounts Receivable.


Should accounts receivable be credited in the journal when it is decreased?

Yes because A/R is an asset and assets are credited in the journal/ledger when they decrease


General ledger account?

There are several different accounts that are used in the general ledger. Some of these accounts include cash, accounts receivable, inventory, notes payable, accounts payable, and customer deposits.


What is guest ledger?

A subsidiary ledger related to the accounts receivable general ledger account used by hotels to record the individual account activity of guests who are still at the hotel. The total of the balances in the city ledger plus the total of the balances in the guest ledger should equal the balance in the accounts receivable general ledger account.