Question: E-F:8-18 Journalizing transactions using the allowance method (Learning Objectives 1,3) Desert Landscape Supply completed the following selected transactions during 2024: 2024 Jan. 20 Sold merchandise
E-F:8-18 Journalizing transactions using the allowance method (Learning Objectives 1,3) Desert Landscape Supply completed the following selected transactions during 2024: 2024 Jan. 20 Sold merchandise inventory to Kathy Weiler, $1,600, on account. Ignore Cost of Goods Sold. Mar. 21 Sold merchandise inventory to David Morris, $2,000, on account. Ignore Cost of Goods Sold. Apr. 1 Received amount due from David Morris. Jun. 14 Wrote off Kathy Weiler's account as uncollectible after repeated efforts to collect from her. Sept. 30 Received $1,600 from Kathy Weiler along with a letter apologizing for being so late. Reinstated Weiler's account in full and recorded the cash receipt. Oct. 13 Sold merchandise inventory to Alsalemi Landscape Installation, $800, on account. Ignore Cost of Goods Sold. Nov. 4 Alsalemi Landscape Installation declared bankruptcy and Desert wrote off Alsalemi's account as uncollectible. Dec. 1 Sold merchandise inventory to Eco Design and Landscape, $10,000, on account. Ignore Cost of Goods Sold. Dec. 31 Estimated that bad debts expense for the year was $2,000. Journalize the transactions for Desert Landscape Supply using the allowance method. Include the name of the customer with the Accounts Receivable account. Explanations are not required
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