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On January 1, Wel Company begins the accounting perlod with a $45,000 credit balance In Allowance for Doubtful Accounts. a. On February 1, the company

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On January 1, Wel Company begins the accounting perlod with a $45,000 credit balance In Allowance for Doubtful Accounts. a. On February 1, the company determined that $9,800 In customer accounts was uncollectible; specifically, $2,400 for Oakley Company and $7,400 for Brookes Company Prepare the Journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $2,400 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 View transaction list Journal entry worksheet 2 3 On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Company and $7,400 for Brookes Company. Prepare the journal entry to write off those two Note: Enter debits before credits. Date General Journal Debit Credit February 01 Record entry View general journal Clear entry1 On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Company and $7,400 for Brookes Company. Prepare the journal entry to write off those two accounts. 2 Record the reinstatement of Oakley's account, if necessary. 3 Record the receipt of the amount due from Oakley

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