Marie Ednuard

NG II Course # $104-003$

Instructor

MIDTERM $-$ SPRING $2$

the following transactions in the accounts of Arrow $1$ ompany that uses the direct write$-$off method of ace

merchandise on account to Dr$.$ Sinclair Welby, $$77,000.$ Th handise sold was $$52,600.$

AlP DI Sinclowe & $77,000$

CDCPS $$552\mathrm{.}600.77,000$

Meseshamdube, Inventiony if

ed $$30,800$ from Dr$.$ Sinclair Welby and wrote off the re sale of January $19$ as uncollectible.

coush

Lad delat oypence & $77,$ AlR or Sinclaiu & $\frac{30,}{107}$ ed the account of Dr$.$ Sinclair Welby that had been wr ceived $$46,200$ cash in full payment.

AIR or sinclous$,$ &

Biad debt aypense is

AlR Dr Sinclaus is

ollowing transactions in the accounts of Arizo company that uses the allowance method

andise on account to Taiwan Palace Co$.,$ $$25,800$ e sold was $$15,300.$

R Taiulom is

aber

$,900$ from Taiwan Palace Co$.$ and wrote off the May $1$ as uncollectible.