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Record entries in the General Journal to write off and recover these overdue sales invoices. Use one of the following tax rates: 5 % GST
Record entries in the General Journal to write off and recover these overdue sales invoices. Use one of the following tax rates: GST and PST
Jan. Sales Invoice # to Pathfinder Company for $ plus taxes is now considered uncollectible and is to be written off.
Feb. Sales Invoice # to Yancy Little Co for $ plus taxes is now considered uncollectible and is to be written off.
Mar. Sales Invoice # to London Fabrics for $ plus taxes is now considered uncollectible and is to be written off.
May Received $ from Pathfinder on Invoice # previously written off.
Jun. Received $ from Yancy Little Co on Invoice # previously written off.
Jul. Received $ plus taxes from London Fabrics on Invoice # previously written off.
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