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helo on this problem Entries for uncollectible accounts, using direct write-aff methiod Journalize the following transactions in the accounts of Caryon River Medical coy a
helo on this problem
Entries for uncollectible accounts, using direct write-aff methiod Journalize the following transactions in the accounts of Caryon River Medical coy a medical equipment company that uses the direct write-off method of accounting for uncollectible recelvisbles: Jan. 19. 5old merchandise on account to Dr. Kyle Morby, $5,000. The cost of goods sold was $2,200. June 2. Received $400 from Dr. Kyle Narby and wrote off the farnainder owed on the sale of January 19 as uncollectible. Oct. 23. Reinsteted the occount of Dr. Kyle Norby that had been written off on June 2 and received 54,600 cash in full payment. If an ambunt box does not require an entry, leave it blank Step by Step Solution
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