=+July 19. Wrote off the $11,150 balance owed by Rancho Rigging Co., which is bankrupt. Aug. 13.

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=+July 19. Wrote off the $11,150 balance owed by Rancho Rigging Co., which is bankrupt.

Aug. 13. Received 35% of the $20,000 balance owed by Santori Co., a bankrupt business, and wrote off the remainder as uncollectible.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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