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On January 1, wer company begins the accounting period with a $46,000 credit balance in Allowance for Doubtful Accounts 8. On February 1, the company
On January 1, wer company begins the accounting period with a $46,000 credit balance in Allowance for Doubtful Accounts 8. On February 1, the company determined that $10,000 in customer accounts was uncollectible specifically. $2.500 for Oakley Co and $7,500 for Brookes Co. Prepare the journal entry to write off those two accounts b. On June 5, the company unexpectedly received a $2.500 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 On February 1, the company determined that $10,000 in customer accounts was uncollectible; specifically, $2,500 for Oakley Co. and $7,500 for Brookes Co. Prepare the journal entry to write off those two accounts Note Enter debits before credits General Joumal Debit Feb 01 View transaction list Journal entry worksheet Type here to search w 1 Journal entry worksheet Type here to search
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