lab 8 chapter 8

question 2

Prior to recording the folowing, E. Perry Electronics, heorporased, had a credit balance of $2.000 in is Alowance for Doublful Accounts. Aequlred: Prepare journal enties for each transaction, of no entry is required for a transaction/event, select "No journal entry required" in the first accesint field) 1. On Augutt 31, a customer balance for $300 from a priof year was deteemined to be uncoliectible and was written ott. Journal entry worksheet On Aaput 31, cuvtomer balance for $390 hom a prior year was determined to be uncolectbic and was written off. Briner Beble batere remath. 2. On December 15 , the customer balance for $300 written off on August 31 was collected in fuf Journal entry worksheet Record the reversal of write-off. Nete: Enter debits before credits