Question: Entries for uncollectible accounts, using direct write-off method Instructions Chart of Account Journal Instructions Jan 19 June 2 Sold merchandise on account to De Kyle


Entries for uncollectible accounts, using direct write-off method Instructions Chart of Account Journal Instructions Jan 19 June 2 Sold merchandise on account to De Kyle Norby, 515.160. The cost of the goods sold was $270. Received 84,280 from Dr. Kyle Norby and wrote of the remainder owed on the sale of January 19 as uncollectible Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $10,880 cash in full payment Oct 23 Journalize the above transactions in the accounts of Canyon River Medical Co, a medical equipment company that uses the direct write-on method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account bites. Instructions Journal Journalize the transactions in the accounts of Canyon River Medical Co, a medical equipment company that uses the direct writer of method of accounting for colectible convites Refer to the Chart of Accounts for exact wording of account titles TWEE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTER DERIT CREDIT AMETS LABUTES LOTY 1 2 4 5 7 1 Entries for uncollectible accounts, using direct write-off method Chart of Accounts Journal Instructions Instructions Journal WE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE CHE AMETS LILITIES EQUITY 1 3 1 5 7 3 3 10 11
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