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Stephanie Stouse is an attorney in Los Angeles. Stouse uses the direct write-off method to account for uncollectible receivables. At April 30, 2024, Stouse's accounts
Stephanie Stouse is an attorney in Los Angeles. Stouse uses the direct write-off method to account for uncollectible receivables. At April 30, 2024, Stouse's accounts receivable totaled $19,000. During May, she earned revenue of $20,000 on account and collected $21,000 on account. She also wrote off uncollectible receivables of $1,200 on May 31, 2024. Read the requirements. Requirement 1. Use the direct write-off method to journalize Stouse's write-off of the uncollectible receivables. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) 1. Use the direct write-off method to journalize Stouse's write-off of the uncollectible receivables
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