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OS 7-5 Allowance method for bad debts LO P2 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off

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OS 7-5 Allowance method for bad debts LO P2 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,500 account of a custome, C Green. On March 9, it recelvesa $2,000 payment from Green. Prepare the journal entry for January 31 and March 9. Assume no additional money is expected from Green for March 9 Journal entry worksheet Record the write-off of Green's $2,500 account Note: Enter debits before credts Prev6 of 16Next > 21 f8 F2 FI

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