Question: QS 9-6 (Algo) Allowance method for bad debts LO P2 Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote

 QS 9-6 (Algo) Allowance method for bad debts LO P2 Gomez

Corporation uses the allowance method to account for uncollectibles. On January 31,

QS 9-6 (Algo) Allowance method for bad debts LO P2 Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,100 account of a customer, C. Green. On March 9, it receives a \$1,600 payment from Green. 1. Prepare the journal entry for January 31. 2. Prepare the journal entries for March 9: assume no additional money is expected from Green: Journal entry worksheet 3 Record the write-off of Green's $2,100 account: Note: Enter debits before credits. Note: Enter debits before credits

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