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WILyment Main.do?invoker=&take AssignmentSessionLocator=&inprogress=false 2 Everfi Educational... m.mjhihi lilih lih. d eBook Show Me How Calculator Collection of Accounts written off-Allowance Method Julia Alvarez, owner of

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WILyment Main.do?invoker=&take AssignmentSessionLocator=&inprogress=false 2 Everfi Educational... m.mjhihi lilih lih. d eBook Show Me How Calculator Collection of Accounts written off-Allowance Method Julia Alvarez, owner of Alvarez Rentals, uses the allowance method in accounting for uncollectible accounts. July 7 Wrote off $5,400 owed by Randy Dalzell, who has no assets. Aug. 12 Wrote off $2,800 owed by Jason Flint, who declared bankruptcy. Sept. 27 Reinstated the account of Randy Dalzell, which had been written off on July 7, and received $5,400 cash in full settlement. 1. Record the transactions in general journal form. Page: 1 DATE ACCOUNT TITLE DOC. POST. DEBIT NO. REF. CREDIT 1 20- Jul. 7 1 2 2 3 Wrote off uncollectible account 4 Aug. 12 5 II II II II II II II II 6 6 Wrote off uncollectible account 7 7 Sep. 27 8 8 9 9 Reinstated account receivable 10 10 Sep. 27 11 11 Previous Check My Work 5 more Check My Work uses remaining Save and the Subm Email Instructor

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