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please solve this E H e) On April 7, 2020, John's Jacks, a client, contacted Razul with a question regarding bad debt. John stated that
please solve this
E H e) On April 7, 2020, John's Jacks, a client, contacted Razul with a question regarding bad debt. John stated that his customer said they were filing for bankruptcy. Give the journal entry to record the $2000 owed by the customer given that John's Jacks uses the direct method of accounting for bad debts. Date Account Title and Explanation Debit Credit 3 9 0 51 32 B3 on November 22, 2021, the customer informs John's Jacks that they can pay the bad debt because they had won a 84 law suit against another business. Record the subsequent collection of the amount owed. 85 86 Date Account Title and Explanation Debit Credit 87 88 89 90 Winter 2022 Ready Accessibility InvestigateStep by Step Solution
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