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Gomez Corporation uses the allowance method to account for uncollectibles. On January 31 , it wrote off an $2,800 account of a customer, C. Green.
Gomez Corporation uses the allowance method to account for uncollectibles. On January 31 , it wrote off an $2,800 account of a customer, C. Green. On March 9, it receives a \$2,300 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. Journal entry worksheet Record the write-off of Green's $2,800 account. Note: Enter debits before credits
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