Question: EE 9-2 p. 427 OBJ. 4 PE 9-2A Allowance method Journalize the following transactions, using the allowance method of accounting for un- collectible receivables: June
EE 9-2 p. 427 OBJ. 4 PE 9-2A Allowance method Journalize the following transactions, using the allowance method of accounting for un- collectible 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 9-2 p.421 PE 9-2B Allowance method OBJ. 4 Journalize the following transactions, using the allowance method of accounting for un collectible 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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