Exercise 9-5 (Static) Writing off receivables LO P2 On January 1, Wel Company begins the accounting period with a $30,000 credit balance in Allowance for Doubtful Accounts, a. On February 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Company and $5,900 for Brookes Company Prepare the journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $900 payment on a customer account, Oakley Company that had previously been written off in part a. Prepare the entries to reinstate the account and record the cash received, View transaction list Journal entry worksheet On February 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Company and $5,900 for Brookes Company. Prepare the journal entry to write off those two accounts. Note: Enter debits before credits. General Journal Debit Credit Date February 01 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record the reinstatement of Oakley's account, if necessary. Note: Enter debits before credits. General Journal Debit Credit Date June 05 Record entry Clear entry View general journal Journal entry worksheet Record the receipt of the amount due from Oakley. Note: Enter debits before credits. General Journal Debit Credit Date June 05 Record entry Clear entry View general journal