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Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables: Oct. 2. Received $2,510 from Paula Spitler and wrote off
Allowance Method
Journalize the following transactions, using the allowance method of accounting for uncollectible receivables:
Oct. 2. Received $2,510 from Paula Spitler and wrote off the remainder owed of $4,090 as uncollectible. If an amount box does not require an entry, leave it blank.
Oct. 2 | fill in the blank 1dc3a2033ff3011_2 | fill in the blank 1dc3a2033ff3011_3 | |
fill in the blank 1dc3a2033ff3011_5 | fill in the blank 1dc3a2033ff3011_6 | ||
fill in the blank 1dc3a2033ff3011_8 | fill in the blank 1dc3a2033ff3011_9 |
Dec. 20. Reinstated the account of Paula Spitler and received $4,090 cash in full payment. If an amount box does not require an entry, leave it blank.
Reinstate | fill in the blank 5f917afbf03c06b_2 | fill in the blank 5f917afbf03c06b_3 | |
fill in the blank 5f917afbf03c06b_5 | fill in the blank 5f917afbf03c06b_6 | ||
Collection | fill in the blank 5f917afbf03c06b_8 | fill in the blank 5f917afbf03c06b_9 | |
fill in the blank 5f917afbf03c06b_11 | fill in the blank 5f917afbf03c06b_12 |
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