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May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment
May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the direct write-off method. View transaction list Journal entry worksheet 1 2 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. Note: Enter debits before credits. Date May 03 General Journal Debit Credit 7 Record entry Clear entry View general journal May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the direct write-off method. View transaction list Journal entry worksheet < 1 2 3 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Record the transaction to reinstate the account previously written off. Note: Enter debits before credits. Date May 21 General Journal Debit Credit Record entry Clear entry View general journal May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the direct write-off method. View transaction list Journal entry worksheet 1 2 3 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Record the cash receipt. Note: Enter debits before credits. Date May 21 General Journal Debit Credit Record entry Clear entry View general journal May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the allowance method. View transaction list Journal entry worksheet 1 2 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. Note: Enter debits before credits. Date May 03 General Journal Debit Credit Record entry Clear entry View general journal May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the allowance method. View transaction list Journal entry worksheet 1 2 3 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Record the transaction to reinstate the account previously written off. Note: Enter debits before credits. Date May 21 General Journal Debit Credit Record entry Clear entry View general journal May 3 Sal Company determines that it cannot collect its accounts receivable of $2,100 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the allowance method. View transaction list Journal entry worksheet < 1 2 3 Sal Company unexpectedly receives payment of $2,100 cash from Joey Company toward its previously written-off account. Record the cash receipt. Note: Enter debits before credits. Date May 21 General Journal Debit Credit > Record entry Clear entry View general journal
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