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Can someone please answer this question 2 Exercise 7-5 Writing off receivables LO P2 Skipped On January 1, Wei company begins the accounting period with
Can someone please answer this question
2 Exercise 7-5 Writing off receivables LO P2 Skipped On January 1, Wei company begins the accounting period with a $38,000 credit balance in Allowance for Doubtful Accounts. 0. On February 1, the company determined that $8.400 in customer accounts was uncollectible, specifically, S1,700 for Oakley Co. and 56700 for Brookes Co. Prepare the journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $1700 payment on a customer account, Oakley Company, that had previously been written off in part a. Prepare the entries to reinstate the account and record the cash received eBook View transaction list References Journal entry worksheet 2 3 On February 1, the company determined that $8,400 in customer accounts was uncollectible; specifically, $1,700 for Oakley Co. and 56,700 for Brookes Co. Prepare the journal entry to write off those two accounts Note Enter debits before credits Date General Journal Debit Credit View SCIONIST Journal entry worksheet Step by Step Solution
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