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EF9-22 (similar to) Question Help C During August 2024, Robo Company recorded the following: Requirements Sales of $114,000 ($99,000 on account; $15,000 for cash). Ignore

EF9-22 (similar to) Question Help C During August 2024, Robo Company recorded the following: Requirements Sales of $114,000 ($99,000 on account; $15,000 for cash). Ignore Cost of Goods Sold. 1. Collections on account, $89,100. Journalize Robo's transactions during August 2024, assuming Robo uses the direct write-off method. Write-offs of uncollectible receivables, $1,110. 2. Journalize Robo's transactions during August 2024, assuming Robo uses the allowance method. Recovery of receivable previously written off, $300. Requirement 1. Joumalize Robo's transactions during August 2024, assuming Robo uses the direct write-off method. Sales of $114,000 ($90,000 on account; $15,000 for cash). Ignore Cost of Goods Sold. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table. Prepare a single compound journal entry.) Date Aug Accounts and Explanation Debit Credit Accounts Receivable Allowance for Bad Debts Bad Debts Expense Cash Sales Revenue Choose from 9 parts remaining Q 2 M 20 2 $ 54 3 E and then click Check Answer Clear All MacBook Air 85 % 6 " & 7 8 9 0 R T Y U A S D F G H J K Check Answer 9 www ww aimage text in transcribed

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