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Shelley Summerset is an attorney in Los Angeles Summerset uses the direct write-off method to account for uncollectible receivables. At April 30, 2018, Summerset's accounts
Shelley Summerset is an attorney in Los Angeles Summerset uses the direct write-off method to account for uncollectible receivables. At April 30, 2018, Summerset's accounts receivable totaled 519,000 During May, she earned revenue of $20,000 on account and collected $18.000 on account She also wrote off uncollectible receivables of $3,000 on May 31, 2018 Read the requirements Requirement 1. Use the direct write-off method to journalize Summerset's write-off of the uncollectible receivables (Record debits first then credits Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit May 31 Requirement 2. What is Summerset's balance of Accounts Receivable at May 31, 2018? Start by selecting the labels and then enter the amounts to calculate the balance in Accounts Receivable at May 31, 2018 Accounts Receivable
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