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Gomez Corporation uses the allowance method to account for uncollectibles. On January 3 1 , it wrote off an $ 8 0 0 account of
Gomez Corporation uses the allowance method to account for uncollectibles. On January it wrote off an $ account of a customer, C Green. On March it receives a $ payment from Green.
Prepare the journal entry for January
Prepare the journal entries for March ; assume no additional money is expected from Green.
Journal entry
worksheet
Record the writeoff of Green's $ account.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditJanuary
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