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5. Keaubie Company has $850,000 of credit sales. They estimate that 2.5% will be uncollectible. Account Ref. Debit Credit 6. Keaubie Company wrote off the

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5. Keaubie Company has $850,000 of credit sales. They estimate that 2.5% will be uncollectible. Account Ref. Debit Credit 6. Keaubie Company wrote off the following accounts: Mason Co.: $500; Jordan Co.: $1,500; Baylee Co.: $2,000. Account Ref. Debit Credit 7. Jordan Co. paid Keaubie Company $1,000 and Baylee Co. paid Keaubie Company $2,000. Account Ref. Debit Credit

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