On March 13, a company writes off a customer's account of $3,600. On June 3, the...
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On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry wo. heet 1 <> Record the write-off on March 13. Note: Enter debits before credits. Date General Journal Debit Credit Mar 13 Record entry Clear entry View general journal On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet く 1 2 Record the entry to re-establish account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit Jun 03 Record entry Clear entry View general journal On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet <> 1 Record cash received on account. Note: Enter debits before credits. Date General Journal Debit Credit Jun 03 Record entry Clear entry View general journal On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry wo. heet 1 <> Record the write-off on March 13. Note: Enter debits before credits. Date General Journal Debit Credit Mar 13 Record entry Clear entry View general journal On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet く 1 2 Record the entry to re-establish account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit Jun 03 Record entry Clear entry View general journal On March 13, a company writes off a customer's account of $3,600. On June 3, the customer unexpectedly pays the $3,600 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet <> 1 Record cash received on account. Note: Enter debits before credits. Date General Journal Debit Credit Jun 03 Record entry Clear entry View general journal
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Related Book For
Intermediate Accounting
ISBN: 978-1118742976
16th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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