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

journal please
journal please ABC Company uses the allowance method to record bad debts.

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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