Q1 Ch9

E9-21 (similar to) IE Question Help During August 2019, Hclo Company recorded the following: Sales of $60,200 (344,000 on account: $16.200 for cash). Ignore Cost of Goods Sold Callections on account, $29,800 Write-ots of uncollectible raceivablas, $1.480. Recovery of receivable previously written oft, $500. Requirements Journalize Hello's Transactions during August 2018, assuming Helio uses the direct write-off method. 2. Journalize Helia's transactions during August 2018, assuming Helio uses the alowance method. Requirement 1. Jourralize Helia's transactions during August 2018, assurning Helio uses the direct write-off rrethod. Sales of $60,200 1514,000 on account: $16,200 for cash). Ignore Cost of Gcode Sold. (Record debits first, then credits. Select the ecolanation on the last line of the journal entry telole. Prepare a single compound joumal entry) Date Accounts and Explanation Debit Credit Aug