Question: Long Co has requested that you prepare journal entries from

Long Co. has requested that you prepare journal entries from the following (this company uses the Allowance for Doubtful Accounts method based on the income statement approach):
2012
Dec. 31 Recorded Bad Debts Expense of $17,000.
2013
Jan. 7 Wrote off Gene Salmi’s account of $700 as uncollectible.
Mar. 5 Wrote off Paul Jordan’s account of $1,000 as uncollectible.
July 8 Recovered $350 from Paul Jordan.
Aug. 19 Wrote off Bob Shaddix’s account of $1,400 as uncollectible.
Aug. 24 Wrote off Jill Noonan’s account of $700 as uncollectible.
Nov. 19 Recovered $250 from Bob Shaddix.


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  • CreatedApril 24, 2014
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