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es Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,800 account of a customer, C. Green.
es Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,800 account of a customer, C. Green. On March 9, it receives a $1,300 payment from Green. 1. Prepare the journal entry for January 31. 2. Prepare the journal entries for March 9; assume no additional money is expected from Green. View transaction list Journal entry worksheet 2 Record the reinstatement of Green's account, assuming no additional money is expected. Note: Enter debits before credits. 3 Record entry Date General Journal March 09 Accounts receivable-C. Green Cash Clear entry Debit 1,300 Credit 1,300 View general journal
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