Allowance method Obj. 4 Journalize the following transactions, using the allowance method of accounting for uncollectible receivables:
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Allowance method Obj. 4 Journalize the following transactions, using the allowance method of accounting for uncollectible receivables:
June 2. Received $1,200 from Melissa Crone and wrote off the remainder owed of $4,000 as uncollectible.
Oct. 9. Reinstated the account of Melissa Crone and received $4,000 cash in full payment.
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Related Book For 
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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