Sunset Surfwear uses the direct write-off method of accounting for uncollectible accounts. Instructions 1. In your working
Question:
Sunset Surfwear uses the direct write-off method of accounting for uncollectible accounts.
Instructions
1. In your working papers, record the following transactions on page 14 in the general journal.
2. Post the transactions to the appropriate accounts.
Transcribed Image Text:
Date Transactions June 1 Wrote off the $288.75 account of Alex Hamilton as uncollectible, Memorandum 223. 4 Wrote off the $243.60 account of Helen Jun as uncollectible, Memorandum 249. 14 Wrote off the $57.75 account of Nate Moulder as uncollectible, Memorandum 255. 22 Received $288.75 from Alex Hamilton in full payment of his account, Memorandum 298 and Receipt 944. 29 Wrote off the $100.80 account of Martha Adams as uncollectible, Memorandum 329.
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june 1 bad debts Ac Dr 28875 to alex hamilton 288...View the full answer
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BENARD KIPKOGEI
taught over 6 years accountancy
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