Question: Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17. Received $3,100 from Ian Kearns and wrote off the
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17. Received $3,100 from Ian Kearns and wrote off the remainder owed of 34,030 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 July 291 Reinstated the account of Tan Keams and received 4,030 cash in full payment Reinstate Collection
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