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Please answer each oart of the question. Thank you! Prior to recording the following. Eite Bectronics, Incorporated, had a credit balance of $2,600 in its
Please answer each oart of the question. Thank you!
Prior to recording the following. Eite Bectronics, Incorporated, had a credit balance of $2,600 in its Allowance for Doubtful Accounts. Required: Prepare journal entries for each transacton. of no entry is requilred for a transacton/event, select "No Journal Entry Required" In the first account field) a. On August 31 , a customer balance for $360 from a prior year was determined to be uncollectible and was witten off. b. On December 15, the customer balance for $360 written off on August 31 was collected in full. Journal entry worksheet Record the write-off of a certain customer account from a prior year which is not collectible totaling $360. Journal entry worksheet Record the reversal of the write-off of the $360 customer account. Note: Enter dehits herare credita. Journal entry worksheet Record the receipt of cash of $360 from the customer. Note: Enter debits befare trecits Step by Step Solution
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