Home Data Review View Wrap Text General Insert Page Layout Formulas OLE Liberation Sans - 11 @ Copy B Format I U- 9 x fc Paste Merge Center $ - % > Conditional Format Cal Formatting as Table Styles Insert Delete Form B136 B F H - - K 32 33 34 G 25 Prepare the following journal entries 26 (6) On March 1, assume that Flora's Company made a credit sale for $3,000 on account to Maryland Company. 27 28 On March 15, Floral Company received the amount of $1,500 of the credit sales. 29 30 On March 30, Maryland Company have liquidity problems and Flora's Company estimate that $1,500 to be uncollectible. 31 On April 5, Flora's Company made a write-off of uncollectible account for $1,500 On April 30, recovery of an uncollectible account in the allowance method, if Maryland Company pays the $1,500 that was written off, 35 prepare the journal entry or entries. 36 37 Value 24 pts. 38 39 (b) Journalize the transactions 40 41 42 1-Mar Account Value 43 Account Value 44 45 15 Account Value 46 Account Value 47 48 30 Account Value 49 Account Value 50 51 5-Apr Account Value 52 Account Value Chapter +