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Prepare general journal entries to record the following transactions for the Harris Company. (The company uses the balance sheet approach for recording bad debts expense.)
Prepare general journal entries to record the following transactions for the Harris Company. (The company uses the balance sheet approach for recording bad debts expense.)
2010
Dec.31Recorded Bad Debts Expense, $800
2011
Jan.3Wrote off Jal's account as uncollectible, $60
Mar.4Wrote off Hall's account as uncollectible, $75
Jul.5Recovered $45 from Hall
Aug. 19Wrote off M. Wilson's account as uncollectible, $100
Nov.7Recovered $25 from Jal
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