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On March 12, 2019, Alice Company determined that N.O. Moneys $2,700 account receivable was uncollectible. On August 5, 2019, the $2,700 cash was unexpectedly received

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On March 12, 2019, Alice Company determined that N.O. Moneys $2,700 account receivable was uncollectible. On August 5, 2019, the $2,700 cash was unexpectedly received on account from N.O. Money. In the attached worksheet, give the required journal entries for March 12 and August 5, assuming that Alice Company uses the DIRECT WRITE-OFF METHOD. On March 12, 2019, Alice Company determined that N.O. Moneys $2,700 account receivable was uncollectible. On August 5, 2019, the $2,700 cash was unexpectedly received on account from N.O. Money. In the attached worksheet, give the required journal entries for March 12 and August 5, assuming that Alice Company uses the ALLOWANCE METHOD. Question 1 GENERAL JOURNAL Date Account Titles DR CR Question 2 GENERAL JOURNAL Date Account Titles DR CR

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