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Instructins The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: Wrote off account of Kathy
Instructins The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: Wrote off account of Kathy Quantel, $8,450 Received $3,000 as partial payment on the $12,510 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible. June 8 Aug. 14 Oct. 16 Received the $8,450 from Kathy Quantel, whose account had been written off on June 8 Reinstated the account and recorded the cash receipt. Wrote off the following accounts as uncollectible (record as one journal entry): Wade Dolan Greg Gagne Amber Kisko Shannon Poole Dec. 31 $4,560 3,560 7,165 2,975
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