Question
Accounting, Can you please check my work, If you correctly confirm or correctly adjust I will thumbs up Solstice Company determines on October 1 that
Accounting, Can you please check my work, If you correctly confirm or correctly adjust I will thumbs up
Solstice Company determines on October 1 that it cannot collect $67,000 of its accounts receivable from its customer, P. Moore. It uses the direct write-off method to record this loss as of October 1. On October 30, P. Moore unexpectedly pays his account in full to Solstice Company. Record Solstice's entries for recovery of this bad debt. View transaction list View journal entry worksheet General Journal Moore 0k int rences No 1 2 Date October 30 October 30 Accounts receivablep. Bad debts expense Cash Debit 67,000 67,000 Accounts receivableP. Moore Credit 67,000 67,000
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