Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record

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Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record the following transactions in general journal form:

July 20 Wrote off $2,325 owed by Joe Balouka, who has no assets.

Oct. 15 Wrote off $1,675 owed by Alice Rose, who declared bankruptcy.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 22, 2011 03:11 AM

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Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record

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DATE DESCRIPTION 20 July 20 Bad Debt Expense GENERA...View the full answer

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