5

Jennifer Company wes the allowance method for estimating uncollectible accounts: Jan. 5 Sold merchandise to Amy Fergenbaum for $1,600, terms /15. Apr. 15 Received $320 from Amy Fergenbaum on account. Aug. 21 Wrote off as uncollectible the balance of the Arry Fergenbaum account when she declared bankruptcy. Oct. 5 Unexpectedly received a cheque for $400 from Arny Fergenbaum, Jennifer does not expect to recelve any more payments from Fergenbaum. Prepare journal entries to record the following transactions. Ignore any cost of goods sold entry in the sales transactibns. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries: Record journal entries in the order presented in the problem.) \begin{tabular}{l} Date Account Titles and Explanation \\ \hline \end{tabular} (To reverse write off of Amy Fergenbaum account.) (To reverse write off of Amy Fergenbaum account.) (To record collection from Amy Fergenbaum.) Attempts: 0 of 1 used Siturit Answer Save for Later