IR! Week Five: Chapter 8: Exercises Score: 0 of 1 pt 7 of 8 (0 complete) E9-16 (similar to) Save HW Score: 0%, 0 of 8 pts Question Help On June 1, Best Performance Cell Phones sold $19,000 of merchandise to Alright Trucking Company on account. Alright fell on hard times and on July 15 paid only $7,000 of the account receivable. After repeated attempts to collect, Best Performance finally wrote off its accounts receivable from Alright on September 5. Six months later, March 5, Best Performance received Alright's check for $12,000 with a note apologizing for the late payment Read the requirements Requirement 1. Journalize the transactions for Best Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold. (Record debts first, then, credits. Select the explanation on the last line of the journal entry table.) June 1: Best Performance Cell Phones sold $19,000 of merchandise to Alright Trucking Company on account. Ignore Cost of Goods Sold. Accounts and Explanation Debit Jun. 1 Date Credit Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All LO parts remaining