During August 2016, Helio Company recorded the following: Sales of $139,800 ($133,000 on account: $6,800 for cash). Ignore Cost of Goods Sold. Collections on account, $123,100 Write-offs of uncollectible receivables, $1,060 Recovery of receivable previously written off, $900. Requirements 1. Journalize Helic 2. Journalice Heli Requirement 1. Journalize Helio's transactions during August 2016, assuming Hello uses the direct write-off method. (Record debits first, then cre Sales of $139,800 ($133,000 on account: $6,800 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry) Accounts and Explanation Data Debit Credit Aug. Collections on account, $123,100. Date Accounts and Explanation Debit Credit Aug Writeffen unerlartihla roraimahlas 1 RO con rep re Cost of Goods Sold Requirements 1. Joumalize Helio's transactions during August 2016, assuming Helio uses the direct write-off method 2 Journalize Hello's transactions during August 2016, assuming Hello uses the allowance method 5, assuming Holio uses the direct write-off method. (Record dobits first, then credits Select the explanation on the Lost line of the joumal entry table.) Cost of Goods Sold. (Prepare a single compound journal entry) Credit Debit Debit Credit d then continue to the next question During August 2016, Hello Company recorded the following Sales of $139,800 (5133,000 on account: $6,500 for chignore Cost of Goods Sold Collections on account. 5123,100 Write-offs of uncofectbin receivables. 51,060 Recovery of receivable previously written of 5000 Requirements 1 Jual l'action during 2018, comutod 2. Journal Hall's actions in August 2010, Hosthenes Requirement 1. Journalise Helio's transactions during August 2016, assuming Holio res the direct write-off method. Recor debitstrat, then relation on the fire of the may be Sains of $139,800 (5133.000 on account: 6,800 for cash) Ignore Cost of Good Sold Prepare a single compound joumany) Date Accounts and Explanation Debit Credit Aug Collections on account, $123.100 Date Accounts and Explanation Aug Debit Credit We have Choose from any list or enter any number in the input fields and then continue to the next