Remaining tabs:

2 - Record the reinstatement of Oakley's account, if necessary.

3 - Record the receipt of the amount due from Oakley.

On January 1, Wei company begins the accounting period with a $36,000 credit balance in allowance for doubtful accounts. o. On February 1, the company determined that $8,000 in customer accounts was uncollectible: specifically. $1,500 for Oakley Co. and $6,500 for Brookes Co. Prepare the journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $1,500 payment on a customer account, Oakley Company, that had previously been written off in part a. Prepare the entries necessary to reinstate the account and to record the cash received. View transaction list Journal entry worksheet The company determined that $8,000 in customer accounts is uncollectible: specifically, $1,500 for Oakley Co. and $6,500 for Brookes Co. Prepare the journal entry to write off those accounts Note: Enter debits before credits. Date General Journal DebitCredit Feb 01 Record entry Clear entry View general journal