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QS 9-2 Allowance method for bad debts LO P2 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off

QS 9-2 Allowance method for bad debts LO P2

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off a $800 account of a customer, C. Green. On March 9, it receives a $300 payment from Green.

1.	Prepare the journal entry for January 31.

Journal entry worksheet Record account write off. Note: Enter debits before credits. Date General Journal Debit Credit Jan 31

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