View Policies Current Attempt in Progress Accounts receivable transactions are provided below for J Wildhorse Co. Dec. 31, 2023 Mar. 5. 2024 June 6, 2024 (a) The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $666,000 and $2,300 (debit), respectively. Data The company determined that R. Mirza's $4,000 account and D. Wight's $7,000 account were uncollectible. The company's accounts receivable were $705,400 before the accounts were written off. Wight paid the amount that had been written off on March 5. The company's accounts receivable were $655,000 prior to recording the cash receipt for Wight. Prepare the journal entries on December 31, 2023, March 5, 2024, and June 6, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)

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(Collection of account that was previously written off.) Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (C) The parts of this question must be completed in order. This part will be available when you complete the part above. Account Titles Debit Credit (To record write off of accounts receivable of R. Mirza.) (To record write off of accounts receivable of D. Wight.) (To reverse write off.) Search