Question: NEED HELP PLEASE Accounts receivable transactions are provided below for J Pharoah Co. Dec 31, 2023 The company estimated that 4k of its accounts receivable

Accounts receivable transactions are provided below for J Pharoah Co. Dec 31, 2023 The company estimated that 4k of its accounts receivable would become uncollectible The bal ances in the Accounts Recelvable account and Allowance for Doubtful Accountswere $657,000 and $2,800 (debit). respectively. Mar, 5, 2024, The company determined that R. Mirza's $3,500 acrount and D. Wight's $6,500 account were uncollectible. The. company's accounts receivable were 5688,600 before the accounts were written off. June 6, 2024 Wight paid the amount that had been written off on March 5 . The company's accounts recelvable were $647,000 prior to recording the cash receipt for Wisht. Prepare the journal entries on December 31.2023. March 5, 2024, and June 6.2024. FCredit occount titles are outamaticully indentrd when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the accourt sitles and enter 0 for the ameunte liet all debit entries before arofit entries. Record joumal entries in the order presented in the problem)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
