Question: ce Exercises OBJ. 3 EE 9-1 p.418 PE 9-1A Direct write-off method Journalize the following transactions, using the direct write-off method of accounting for uncollectible
ce Exercises OBJ. 3 EE 9-1 p.418 PE 9-1A Direct write-off method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: June 2. Received $1,200 from Melissa Crone and wrote off the remainder owed of $4,000 as uncollectible. Oct. 9. Reinstated the account of Melissa Crone and received $4,000 cash in full payment. EE 9-1 p.418 PE 9-1B Direct write-off method OBJ.3 Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2. Received $600 from Rachel Elpel and wrote off the remainder owed of $1,350 as uncollectible. Dec. 20. Reinstated the account of Rachel Elpel and received $1,350 cash in full payment
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