Journalize the following transcations: 1) The $1,005.50 account balance of customer Buster Jenkins has proven to be

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Question:

Journalize the following transcations:

1) The $1,005.50 account balance of customer Buster Jenkins has proven to be uncollectible and is to be written off. Granite Bay Jet Ski uses the allowance method for all bad debt write-offs. When the invoice number is requested, type WROFF.

2) June 4 Received a check for $1,090.00 from the Sierra Jet Set for storage fees on personal watercraft and equipment and issued invoice number G4012. This check prepays their storage fees for June, July and August.