Question: journalize the transactions using the direct write off method V (13A-li Angel.com has requested that you prepare journal entries from the following (this company uses

journalize the transactions using the direct write off method

journalize the transactions using the direct write off method V (13A-li Angel.com

V (13A-li Angel.com has requested that you prepare journal entries from the following (this company uses the Allowance for Doubtful Accounts method based on the income statement approach): 20X7 Dec. 31 Recorded Bad Debts Expense of $12,000. 20X8 Jan. . 7 Wrote off Gene Smore's account of $800 as uncollectible. Mar. 5 Wrote off Paul Jane's account of $600 as uncollectible. July 8 Recovered $300 from Paul Jane. Aug. 19 Wrote off Bob Seager's account of $1,300 as uncollectible. Aug. 24 Wrote off Jill Neuman's account of $750 as uncollectible. Nov. 19 Recovered $400 from Bob Seager

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