Question

Journalize the following transactions using the allowance method of accounting for uncollectible receivables:
Feb. 12. Received $750 from Manning Wingard and wrote off the remainder owed of $2,000 as uncollectible.
June 30. Reinstated the account of Manning Wingard and received $2,000 cash in full payment.



$1.99
Sales0
Views89
Comments0
  • CreatedJuly 17, 2012
  • Files Included
Post your question
5000