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Jade Company uses the allowance method to account for uncollectible receivables. On September 2 , Jade Company wrote off a $ 8 9 0 account

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Jade Company uses the allowance method to account for uncollectible receivables. On September 2, Jade Company wrote off a $890 account receivable from customer J. Macks. On October 12, Jade Company unexpectedly received full payment from Macks on the previously written off account Jade Company records an adjusting entry for bad debts expense of $15,000 on October 31.
9. Journalize Jade Company's write-off of the uncollectible receivable.
10. Journalize Jade Company's collection of the previously written off receivable
11. Journalize Jade Company's adjustment for bad debts expense.
\table[[Date,Accounts and Explanation,Debit,Credit],[Oct.12,Cash,890,],[,Accounts Receivable-Macks,,],[,,,],[,Collected cash on account,,]]
Finally, journalize Jade Company's adjustment for bad debts expense
\table[[Date,Accounts and Explaratation,Debit,Credit],[Oct 31,C,,],[,,],[,,],[,,],[1,,]]
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