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    Problem 1 Robin LTD Journal Entries Per December 31, 2020

    Uploaded by

    Syafira Salsabilla
    The document contains journal entries and trial balances for Robin Ltd for the year ending December 31, 2020. It records credit sales, cash receipts, interest revenue, and adjustments to the allowance for doubtful accounts. It also records the direct write-off of accounts receivable as bad debt expenses on January 1, 2021. The total debits and credits are provided to ensure the accounting entries are balanced.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Problem 1 Robin LTD Journal Entries Per December 31, 2020

    Uploaded by

    Syafira Salsabilla
    13 views2 pages
    The document contains journal entries and trial balances for Robin Ltd for the year ending December 31, 2020. It records credit sales, cash receipts, interest revenue, and adjustments to the allowance for doubtful accounts. It also records the direct write-off of accounts receivable as bad debt expenses on January 1, 2021. The total debits and credits are provided to ensure the accounting entries are balanced.

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    Tugas 3

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    The document contains journal entries and trial balances for Robin Ltd for the year ending December 31, 2020. It records credit sales, cash receipts, interest revenue, and adjustments to the allowance for doubtful accounts. It also records the direct write-off of accounts receivable as bad debt expenses on January 1, 2021. The total debits and credits are provided to ensure the accounting entries are balanced.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    13 views2 pages

    Problem 1 Robin LTD Journal Entries Per December 31, 2020

    Uploaded by

    Syafira Salsabilla
    The document contains journal entries and trial balances for Robin Ltd for the year ending December 31, 2020. It records credit sales, cash receipts, interest revenue, and adjustments to the allowance for doubtful accounts. It also records the direct write-off of accounts receivable as bad debt expenses on January 1, 2021. The total debits and credits are provided to ensure the accounting entries are balanced.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    Syafira Salsabilla

    20/463938/SV/18257
    MPP21

    PROBLEM 1

    A Robin Ltd
    Journal Entries
    Per December 31, 2020
    Date Account Debit Credit
    2020 6 Account Receivable $7,000.00
    January Sales $7,000.00
    (Record credit sales)
    12 Cash $6,860.00
    Discount Sales $140.00
    Account Receivable $7,000.00
    (Record collection account receivable)
    Total $14,000.00 $14,000.00

    PROBLEM 2

    Robin Ltd
    Trial Balance
    Per December 31, 2020
    Date Account Debit Credit
    2020 31 Account Receivable $250,000.00
    December Allowance for Doubtful Account $1,900.00
    Sales Revenue $600,000.00
    Total $250,000.00 $601,900.00

    Robin Ltd
    Journal Entries
    C Date Account Debit Credit
    2021 1 Bad Debt Expense $3,000.00
    Januari Account Receivable $3,000.00
    (Record the deletion)
    D 1 Bad Debt Expense $13,800.00
    Account Receivable $13,800.00
    (Record the immidiate deletion)
    Total $16,800.00 $16,800.00
    PROBLEM 1

    B Date Account Debit Credit


    2020 10 Account Receivable $9,000.00
    January Sales $9,000.00
    (Record credit sales)
    February 12 Cash $6,000.00
    Account Receivable $6,000.00
    (Record receivable payment)
    March 10 Account Receivable $60.00
    Interest Revenue $60.00
    (Record interest revenue)
    Total $15,060.00 $15,060.00

    PROBLEM 2

    Robin Ltd
    Adjusting Entries
    Per December 31, 2020
    A Date Account Debit Credit
    2020 31 Bad Debt Expense $11,900.00
    December Allowed for Doubtful Account $11,900.00
    (Record the adjustment)
    31 Bad Debt Expense $10,100.00
    Allowed for Doubtful Account $10,100.00
    (Record the adjustment)
    Total $22,000.00 $22,000.00
    B 2020 31 Bad Debt Expense $15,700.00
    December Allowed for Doubtful Account $15,700.00
    (Record the allowed for doubtful account)
    31 Bad Debt Expense $13,900.00
    Allowed for Doubtful Account $13,900.00
    (Record the allowed for doubtful account)
    Total $29,600.00 $29,600.00

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