BDA Revision: Warm-up

Organize these options into the right categories

Groups:

(a) Prepaid Expense

,

(b) Supplies

,

(c) Unearned Income

• Cleaning

• Insurance expense

• Fees

• Stationery

• Advertising expense

• Rent expense

Organize these options into the right categories

Groups:

(a) Accrued Expense

,

(b) Accrued Income

• Interest income

• Electricity expense

• Telephone expense

• Wages or salary expense

• Interest revenue

Write off addtional bad debts

e

f

g

GST payable

GST credits

Accounts payable

Accounts receivable

Allowance for doubtful debts

Doubtful debts

Bad debts

Transfer of bad debts

a

d

Allowance for doubtful debts

Doubtful debts

Bad debts

Accounts receivable

Set a new allowance for doubtful debts

b

c

Bad debts

Accounts receivable

Allowance for doubtful debts

Doubtful debts