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help complete the journal please Apr. 2. Sold merchandise on account to Peking Palace Co., $36,010. The cost of the merchandise sold was $22,050. June
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complete the journal please
Apr. 2. Sold merchandise on account to Peking Palace Co., $36,010. The cost of the merchandise sold was $22,050. June 9. Received $11,500 from Peking Palace Co. and wrote off the remainder owed on the sale of April 2 as uncollectible. Oct. 31. Reinstated the account of Peking Palace Co. that had been written off on June 9 and received $24,510 cash in full payment. Journalze the transactions in the accounts of Dining interiors Company, a restauranf supply company that uses the allowanco menhod of accounting for uncollectible recoivables. Rofer to the Chart of Accounts for exact warding of account fities Step by Step Solution
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