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i need help with both plz 2) Mankow, Inc, a calendar-year company, uses an allowance method to account for its uncollectible accounts. Record the journal

i need help with both plz image text in transcribed
2) Mankow, Inc, a calendar-year company, uses an allowance method to account for its uncollectible accounts. Record the journal entries for the following: 3/1/2021 Mankow sold merchandise for $52,000 to stork, Inc. on account. Cost of Goods Sold was $27,000. 5/30/2022 Joe Stork, owner of Stork, Inc, skipped town. Mankow wrote off the account as uncollectible. 11/4/2022 Joe came back. He struck it rich and paid Mankow $30,000. 3) Arkana, Inc, has relatively few sales on account and therefore uses the direct write-off method to account for bad debts. Record the journal entries for the following: 2/1/2022 Arkana wrote off the $15,000 Brody account upon receiving notice that Mrs. Brody had filed for total bankruptcy. 6/1/2022 Mr. Allen took a "permanent vacation" to a South Pacific island. Arkana wrote off his account for $1,750, assuming he will never pay. 10/15/2022 Mrs. Brody inherited millions of dollars when a wealthy aunt passed away. She paid Arkana $7,500 cash and said she will never be back

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