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rement 1. Record the transactions in the journal and post to the Allowance for uncollectible accounts and Bad debt expense ledger accounts that ha
rement 1. Record the transactions in the journal and post to the Allowance for uncollectible accounts and Bad debt expense ledger accounts that ha More info Jan 17 Jun 29 Aug 6 Sep 4 Oct 31 Sold inventory to Quincy Handler, $1,000, on account. Ignore cost of goods sold. Wrote off the Quincy Handler account as uncollectible after repeated efforts to collect from him. Received $150 from Quincy Handler, along with a letter stating his intention to pay within 30 days. Reinstated his account in full. Received the balance due from Quincy Handler. Made a compound entry to write off the following accounts as uncollectible: Brent Christian, $400; Travis Moffet, $250; and Sandy Skovic, $700. Dec 31 Based on an aging of accounts receivable, estimated uncollectible accounts as $900, In 29 un. D Print Done
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