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Wacks Company uses the direct write-off method to account for uncollectible receivables. On September 18, Wacks wrote off a $6,000 account receivable from customer W.

Wacks Company uses the direct write-off method to account for uncollectible receivables. On September 18, Wacks wrote off a $6,000 account receivable from customer W. Jair. On October 24, Wacks unexpectedly received full payment from Jair on the previously written off account. Name: Due: 3. Journalize Wacks's write-off on the uncollectible receivable. 4. Journalize Wacks's collection of the previously written off receivable. Last W Current Attemp Late Su 3. Journalize Wacks's write-off on the uncollectible receivable. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table image text in transcribed
Name: Wacks Company uses the direct write-off method to account for uncollectible receivables. On September 18, Wacks wrote off a $5,000 account receivable from customer W Jar On October 24 Wacks unexpectedly received full payment from Jair on the previously written off account Due 3. Joumalize Wacko's wife-off on the uncollectible receivable Last w 4. Joumalize Wacko's collection of the previously written off receivable Curren Attemd Lates. Journalize Wacks's wit off on the uncollectible recevable (Record debits first then credits Select the explanation on the last line of the journal entry table Date Accounts and explanation Debt Credit Sept 18 T19 0 SP9-1 SP9 59-13 ED

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