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Apr. 15. Recelved $810 from Joe Brown and wrote off the remainder owed of $4,820 as uncollectible. Aug. 7. Reinstated the account of Joe Brown

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Apr. 15. Recelved $810 from Joe Brown and wrote off the remainder owed of $4,820 as uncollectible. Aug. 7. Reinstated the account of Joe Brown and received $4,820 cash in full payment. Requlred: Joumalize the above transactions, using the allowance method of accounting for uncolfoctible recoivables. Refer fo the chart of accounts for the exact wording of the account thiles. CNOW journals do not use lines for joumat explanations. Every line on a journal page is used for debit or credit entries. CNOW joumals wil automatically indent a credit entry when a credit amount is entered. Joumalize the transections, using the allowance method of accounting for uncollectble faceivables. Refor to the chart of accounts for the exact wording of the account tutes. CNOV journals do not use Ines for joumal explanations. Every line on a joumat page is used for debif or credit entries. CNOWJoumals wil automaficaly indent a credi entry when a credi amount is entered

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