Journalize entries for the following situations (assume allowance method): Situation 1: Wrote off Kathy Mark as a
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Situation 1: Wrote off Kathy Mark as a bad debt two years after the sale for $80.
Situation 2: Reinstated Kathy Mark, who sent in her past due amount.
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1 Allowance for Doubtful Accounts 80 Accounts Receiva...View the full answer
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