2. Music Express is a company that sells both car and home stereos.

A. Jornalize the transactions using the (direct write off method).

b. Journalizes the transactions using the (allowance method) assuming the account's credit balance started at $ 28,000 on February 1 and the company uses the accounts receivable method analysis.

Transactions from Music Express Records as of December 31:

-April 10. Account canceled (wrote off account) of Mario Guzmn for $ 6,400. Journalizes the transactions using the allowance method assuming the account's credit balance started at $ 28,000 on February 1 and the company uses the accounts receivable method analysis.

- June 12. A partial payment of $ 1,500 was received from Margarita Rodrguez's $10,000 credit account . The remaining balance is written off as uncollectible.

- August 20. The amount of $ 6,400 was received from Mario Guzmn account that was canceled on April 10. Reinstall the account and record the cash receipt.

- December 31. Write off the following accounts as uncollectible and journalize the entries

Ricardo Vega	$3,200
Mariela Gutirrez	2,440
Manuel Rosario	6,200
Jorge Camacho	1,800
Linda Ocasio	5,330