On January $1.$ Wei Company begins the accounting period with a $$35,000$ credit balance in Allowance for Doubtful Accounts.

a$.$ On February $1,$ the company determined that $$7,800$ in customer accounts was uncollectible; specifically. $$1,400$ for $0$ akley Company and $$6,400$ for Brookes Company Prepare the journal entry to write off those two accounts.

b$.$ On June $5,$ the company unexpectedly received a $$1,400$ payment on a customer account, Oakley Company, that had previously been written off in part a$.$ Prepare the entries to reinstate the account and record the cash received.

Journal entry worksheet

$1$

$2$

$3Nm$

Record the receipt of the amount due from Oakley.

Note: Enter debits before credits.

Record entry

Clear entry

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