Save Homework: Chapter 8, Part 1 Score: 0 of 2 pts 5 of 6 (complete) HW Score: 0%, 0 of 13 pts Question Help E8-21 (open response) Requirements 1. Journal Bingham's transactions during August 2018, assing Bingham uses the direct write-off During August 2018, Bingham Company recorded the following: Sales of $50.000 (144,000 on count: $15.000 for cash). Ignore Cost of Goods Sold - Collections on count. $25.900 Winte-offs of uncollectible receivables, 31,820 Recovery of receivable previously written off $500 2 Journal Bingham's transactions during August 2018, assuming Bingham uses the allowance method Requirement 1. Journal Bingham's ansactions during August 2018, assuming Bingham uses the direct wit method Sales of $50,000 44,000 on account: $15.000 for cash o re Cost of Goods Sold Record debts first, the credite Select the explanation on the last one of the journal entry table Prepare a single compound jumalaty. Check your speling carefully and do not abbreviate) Date Accounts and Explanation Debit Credit Choose from any o r any umber in the input fields and then click Check Answer Homework: Chapter 8, Part 1 5 of 6 (0 complete) Score: 0 of 2 pts E8-21 (open response) During August 2018, Bingham Company recorded the following: Sales of $59.000 ($44,000 on account: $15,000 for cash). Ignore Cost of Goods Sold. . Collections on account, $25,900. Write-offs of uncollectible receivables, $1,820. Recovery of receivable previously written off, $500. Requirements 1. Journalize Bingham's transac method 2. Journalize Bingham's transac Requirement 1. Journalize Bingham's transactions during August 2018, assuming Bingham uses the direct write-off method Sales of $59,000 ($44,000 on account: $15,000 for cash). Ignore Cost of Goods Sold (acord debits first, then credits. Select the explanation on the last li your spelling carefully and do not abbreviate.) Date Accounts and Explanation Debit Credit Aug Choose from any list or enter any number in the input fields and then click Check