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2. Assuming that the allowance method is being used, prepare general journal entries without explanations to record the following transactions. (5 pts) Ignore the Cost

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2. Assuming that the allowance method is being used, prepare general journal entries without explanations to record the following transactions. (5 pts) Ignore the Cost of Goods Sold entries. January 1 Sold merchandise to Mary Baden for $500 on account. February 1 Received $300 from Baden. July 1 Wrote off Baden's account as uncollectible. September 1 Unexpectedly received payment in full from Baden

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