Brent Mussellman, owner of Brents Barbells, uses the direct write-off method in accounting for uncollectible accounts. Record
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Brent Mussellman, owner of Brent’s Barbells, uses the direct write-off method in accounting for uncollectible accounts. Record the following transactions in general journal form:
July 19 Wrote off $1,935 owed by Arnold Swartz, who has no assets.
Oct. 12 Wrote off $2,125 owed by Janice Strong, who declared bankruptcy.
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