Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (1)   Services performed but unbilled and uncollected at July 31 were $1,800.   (2)   Depreciation on equipment for the month was $190.   (3)   One-twelfth of the insurance expired.   (4)   A count shows $340 of cleaning supplies on hand at July 31.   (5)   Accrued but unpaid employee salaries were $420.   Sr. Date Account Titles and Explanation Debit Credit (1) choose a transaction date                                                                       July 1July 3July 5July 12July 18July 20July 21July 25July 31 enter an account title enter a debit amount enter a credit amount     enter an account title enter a debit amount enter a credit amount (2) choose a transaction date                                                                       July 1July 3July 5July 12July 18July 20July 21July 25July 31 enter an account title enter a debit amount enter a credit amount     enter an account title enter a debit amount enter a credit amount (3) choose a transaction date                                                                       July 1July 3July 5July 12July 18July 20July 21July 25July 31 enter an account title enter a debit amount enter a credit amount     enter an account title enter a debit amount enter a credit amount (4) choose a transaction date                                                                       July 1July 3July 5July 12July 18July 20July 21July 25July 31 enter an account title enter a debit amount enter a credit amount     enter an account title enter a debit amount enter a credit amount (5) choose a transaction date                                                                       July 1July 3July 5July 12July 18July 20July 21July 25July 31 enter an account title enter a debit amount enter a credit amount     enter an account title enter a debit amount enter a credit amount

Carla Vista Corporation has the following selected transactions during the year ended December 31, 2024: Jan. 1 Purchased a copyright for $117.480 cash. The copyright has a useful life of six years and a remaining legal life of 30 years. Mar. 1 Sept. 1 Dec. 31 Acquired a franchise with a contract period of nine years for $500,850; the expiration date is March 1, 2033, Paid cash of $38,820 and borrowed the remainder from the bank. Purchased a trademark with an indefinite life for $73,190 cash. As the purchase was being finalized, spent $33.150 cash in legal fees to successfully defend the trademark in court. Purchased an advertising agency for $640,000 cash. The agency's only assets reported on its statement of financial position immediately before the purchase were accounts receivable of $58,000, furniture of $170,000, and leasehold improvements of $320,000. Carla Vista hired an independent appraiser who estimated that the fair value of these assets was accounts receivable $58,000,…

A company uses the allowance method to account for uncollectible accounts. During the year, the company has actual bad debts of $27,000. Record the write-off of the uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the write-off of the uncollectible accounts. Note: Enter debits before credits. Event General Journal Debit Credit 1 4). F12 F7 Fo F3 # 2$ 5 6 7 8 9 { E R Y F G H. K S < M C V alt command option command + lI .. .-

At the end of the current year, Accounts Receivable has a balance of $565,000, Allowance for Doubtful Accounts has a credit balance of $5,000, and sales for the year total $2,540,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $26,000. a.  Determine the amount of the adjusting entry for uncollectible accounts.$fill in the blank 1 b.  Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable $fill in the blank 2 Allowance for Doubtful Accounts $fill in the blank 3 Bad Debt Expense $fill in the blank 4 c.  Determine the net realizable value of accounts receivable.$fill in the blank 5

Foc

Required: (a) Prepare journal entries to record the impairment loss of receivable in 2021 under Statement of Financial Position approach. (b) Prepare partial Statement of Financial Positions to show the accounts receivables at 31 December 2021.