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On January 1. Wel company begins the accounting perlod with a $39,000 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 $39,000 credit balance in Allowance for Doubtful Accounts a. On February 1, the company determined that $8,600 in customer accounts was uncollectible; specifically, $1,800 for Oakley Co and $6,800 for Brookes Co. Prepare the journal entry to write off those two accounts b. On June 5, the company unexpectedly received a $1,800 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 1 N 3 > On February 1, the company determined that $8,600 in customer accounts was uncollectible; specifically, $1,800 for Oakley Co. and $6,800 for Brookes Co. Prepare the journal entry to write off those two accounts. Note: Enter debits before credits. Date General Journal Debit Credit Feb 01 3 Record the reinstatement of Oakley's account, if necessary. Note: Enter debits before credits. Date General Journal Debit Credit Jun 05 Record entry Clear entry View general Journal 1 2 3 Record the receipt of the amount due from Oakley. Note: Enter debits before credits. Date General Journal Debit Credit Jun 05 Record entry Clear entry View general Journal

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