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= Homework: Ch 9 Homework B - Graded Question 6, EF9-22 (similar to) Par 1 of 10 During August 2024, Texit Company recorded the following Sales of $61,800 (S55,000 on account, S6,800 for cash), ignore Cost of Goods Sold Collections on account, $39,800 Write-offs of uncollectible receivables, S1,820 Recovery of receivable previously written off 5700 Requirements 1. Journal of 2 Joumaliza Tossa . Requirement 1. Journalize Texit's transactions during August 2024, assuming Texit uses the direct write-off method Sales of $61,800 (555,000 on account, 86,800 for cash) ignore Cost of Goods Sold (Record debuts liest, then credits Seled the exploration and it last rool se prema Accounts and Explanation Date Debit Credit Aug Requirements 1. Joumalize Texit's transactions during August 2024, assuming Text uses the direct writo-off mothod Journalize Texil's transactions during August 2004, assuming Texit uses the allowance method 2 t write-off method ats tirst, then credits Select the explanation on the last line of the journal entry table Prepare a single compound journal entry)