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Instructions Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified by the attomeys for Jacob Marley
Instructions Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified by the attomeys for Jacob Marley that Jacob Marley is bankrupt and no cash is expected in the liquidation of Jacob Marley Required: White off the 56.085 of accounts receivable due from Jacob Marley Refer to the Chart of Accounts for exact wording of account bles Chart of Accounts CHART OF ACCOUNTS Stephanie Roe General Ledger REVENUE ASSETS 110 Cash 410 Sales 10 Interest Revenue PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBT CREDIT
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