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Q3. Journalise the following transactions in the books of Glenmore International- Note- Allowance for doubtful accounts has a debit balance of $1400 and balance in

Q3. Journalise the following transactions in the books of Glenmore International-

Note- Allowance for doubtful accounts has a debit balance of $1400 and balance in accounts receivables is $180,000

a The company estimated bad debts to be 2% of Accounts receivables.

b The account of Jack Nelson has declared uncollectible with $4000

c A customer Frank Leon, whose account was declared uncollectible has paid in full $8500 that he owed to the company.

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