Question: journal please ABC Company uses the allowance method to record bad debts. Record the following transactions. 1. Dec. 31-Bad debts expense was estimated to be
ABC Company uses the allowance method to record bad debts. Record the following transactions. 1. Dec. 31-Bad debts expense was estimated to be $12,000. 2. June 4-Customer A. Bean's account receivable of $3,100 was deemed uncollectible and written off. 3. August 5-A Bean paid the full amount, $3,100, of a the previously written-off account receivable. 7 A- BIU - I Debit Credit Account & Explanation me left 1:13:01 Date
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