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 
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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