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Luunts Journal Instructions Jan. 19 July 7. Sold merchandise on account to Dr Sinclair Welby, $17,190. The cost of the merchandise sold was $9,550 Received
Luunts Journal Instructions Jan. 19 July 7. Sold merchandise on account to Dr Sinclair Welby, $17,190. The cost of the merchandise sold was $9,550 Received $5,500 from Dr. Sinclair Welby and wrote of the remainder owed on the sale of January 19 as uncollectible, Reinstated the account of Dr. Sinclair Weiby that had been written off on July 7 and received $11,690 cash in full payment Nov 2. Required: Journalize the above transactions in the accounts of Arrow Medical Co, a medical equipment company that uses the directante off method of accounting for uncollectible receivables Refer to the chart of accounts for the exact wording of the account tes CNOWjournals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries CNOWjournals will automatically indent a creditenty when a credit Amount is entered My Work 5 more Check My Wonoses remaining
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