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Current Altempt in Progress Blossom Company uses the allowance method for estimating uncollectible accounts. Prepare jurnal entries to record the following transactions. Omit cost of
Current Altempt in Progress Blossom Company uses the allowance method for estimating uncollectible accounts. Prepare jurnal entries to record the following transactions. Omit cost of goods sold entries. (Credit account titles are outomatically Indented whet) the omount is entered. Do not indent manualy. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account tilles and enter 0 for the amounts.) Jarnary 5 Sold merchandise to Ryan Seacrest for $1,500, terms n/15. April 15 Recelved $400 from Ryan Seacrest on account. August 21 Wrote off as uncollectlble the balance of the Ryan Seacrest account when he declared bankruptcy. October 5 Unexpectedly recelved a check for $600 from Ryan Seacrest
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