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Allownace Method June 2. Received $1,110 from Melissa Crone and wrote off the remainder owed of $4260 as uncollectable. Oct. 9. reinstated the account of
Allownace Method
June 2. Received $1,110 from Melissa Crone and wrote off the remainder owed of $4260 as uncollectable.
Oct. 9. reinstated the account of Melissa Crone and received $4260cash in full payment.
Journalize the above transactions, using the allowance method of accounting for uncollectable receivables
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