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write what entries and steps to follow according to the flowchart and description please GENERAL LEDGER begin{tabular}{|c|c|c|c|} hline 12 & 23rd & No & ReceivedlegalnotificationfromBenson,Rosenbrook,andMartinson,P.C.attorneysatlaw,thatStevensonCollegehadfiledbankruptcyandwillmostlikelybeunabletopayanyofitsoutstandingdebtstoitssuppliers.Writeofftheaccountasabaddebt.RememberthatWarenSportsSupplyusestheAllowancemethodratherRemanDirectwrite-offforaccountingforbaddebts.

write what entries and steps to follow according to the flowchart and description please
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GENERAL LEDGER \begin{tabular}{|c|c|c|c|} \hline 12 & 23rd & No & ReceivedlegalnotificationfromBenson,Rosenbrook,andMartinson,P.C.attorneysatlaw,thatStevensonCollegehadfiledbankruptcyandwillmostlikelybeunabletopayanyofitsoutstandingdebtstoitssuppliers.Writeofftheaccountasabaddebt.RememberthatWarenSportsSupplyusesthe"Allowance"methodratherReman"Directwrite-off"foraccountingforbaddebts. \\ \hline \end{tabular} CASH RECEIPTS JOURNAL November and Dectmber SALES Accounting (Jim Adams) Bad Debt Write-Off (Ray Kramer) File Description C= Customer Note The provision for bad debt expense is done Documents attached topether as part of Waren's year-end procedures

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