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Walkins Company uses the direct write-off method to account for uncollectible receivables. On September 18, Walkins wrote off a $7,000 account receivable from cu written

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Walkins Company uses the direct write-off method to account for uncollectible receivables. On September 18, Walkins wrote off a $7,000 account receivable from cu written off account 7. Journalize Walkins's write-off on the uncollectible receivable 8. Journalize Walkins's collection of the previously written off receivable 7. Journalize Walkins's write-off on the uncollectible receivable (Record debits first, then, credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Sept 18 8. Now journalize Walkins's collection of the previously written off receivable. Record the transaction in two journal entries.) Start by making the entry to adjust the applicable expense account related to the collection of the previously written off receivable. Do not record the Cash portion of the Date Accounts and Explanation Debit Credit Oct 24 Now record the cash collection of the receivable previously written of Accounts and Explanation Deble Crodi Cho o ney be in the pules and the continue to the neuestion Was Company the docto r s On September 18 7 000 contr o le sobre Was expected 1. Journal Walks wie oft on the uncollectible receivable Jumala Walkins's collection of the previously win off receive Now 's colection of the previously notr e Record the Saby making the entry to the applicable penetrated the cono jumalates c s e rcard Cash por edhe Account Explanation Deb / / // // || || || || ||

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