During August 2024, Lugh Company recorded the flowing www48.200 (444.000 on 1.200 for chignore Cost of Good Sot Collections on account, $25.000 Winte en receivis. 51110 Mecovery of the previously written 5400 Out Requirements + Juma Log indung August 2014 - 2. Journir actions during August 2014 Lutes who Requirement 1. Journal Lovg'action during August 2004, ung tough the direct write a method 48.200 (544.000 on count 86.200 for cash for Cost of Goods Sold Record dubies foot, then credits. Select the exploration on the last ine of the journal entity. Prepare angle compound mal winyi Accounts and Explanation Debit Credit Coltons on count, 525,000 Date Accounts and Explanation Debit Credit Aug Wie ofte functie receivables. 51.110. Dute Accounts and Explanation Debit Credit A Choose from any list or enterary number in the input fields and then continue to the next question D During August 2004 Lough Company recorded the following of $40,200 (544,000 on account: $5.200 for cash). Ignore Cost of Goods Sold Colchons on account, $25,900 . We of uncollectible receivables, $1.110 Recovery of receivis previously written off, $400 Requirements 1. Journal Lour's transactions during August 2004. Lough thered 2. Joumaline Lough's transactions during August 2021 ming Lough the Recovery of receivable previously written off. 5400. Start by preparing the entry to reinstate the receivable Date Accounts and explanation Debit Crocs Aug Now prepare the entry to show the collection of the previously written off receivable Date Accounts and Explanation Debit Credit Aug Requirement 2. Journalicon Lough's transactions during August 2024, assuming Lough uses the allowance method Sales of $40.200544.000 on account $6.200 for cast) none Cost of Goods Sold Record debbsint, then credit. Sed explanation on the last time of the pural entry table Prepare a ang compound ouma Choose from any liat or enter any number in the input fields and then continue to the next question 8 esc & on count for cash) Ignore Cost of Goods Sold . Odions on count, $25.000 - Witch of uncollectible receivables, 31,110 Rovery of cable previously win of 5400 1. 2 Joumalize Loug's transactions during August 2024, ssuming the died Joumate Lough transactions during August 2024. go to $40.200 (544,000 on account: $5,200 for chignore Cost of Goods Solt, (Record debits first, then credits. Select the planation on the last line of the journal entry table wig compound januar Accounts and Explanation Debit Credit Aug Collections on account, $25.000 Accounts and Explanation Debit Credit Dute AO Write-ots of collectie receivables. 51,110 Date Accounts and Explanation Derbi Credit Choose from any listoranter number in the input fields and then continue to the next o Du esc % 5 & 7 3 4 6 2 8 9 0 Recovery of receivable previously written off, $400. Start by preparing the entry to reinstate the receivable. Date Accounts and Explanation Debit Credit Aug Now prepare the entry to show the collection of the previously written off receivable. Date Accounts and Explanation Debit Credit Aug Choose from any list or enter any number in the input fields and then continue to the next