Question: Question 2 1.5 pts Under the allowance method, if the cash realizable value of Sulu Company's accounts receivable was $82,000 before the June 12 write-off,

Question 2 1.5 pts Under the allowance method, if the cash realizable value of Sulu Company's accounts receivable was $82,000 before the June 12 write-off, what is the cash realizable value after the June 12 write-off is posted? (11 ce D Question 1 10 pts Recording Actual Bad Debts On June 12, 2020, Sulu Company determined that N.O. Money's $2,900 account receivable was uncollectible. On September 3, 2020, the $2,900 cash was unexpectedly recovered on account from N.O. Money Required: 1. Give the general journal entries necessary to record the June 12 and September 3 transactions for Sulu Company assuming Sulu uses the direct-write off method of accounting for bad debts in the attached Workpaper #1. 2. Give the general journal entries necessary to record the June 12 and September 3 transactions for Sulu Company assuming Sulu uses the allowance method of accounting for bad debts in the attached Workpaper #1 10 Exam 3 Workpaper #1.pdf 10 Exam 3 Workpaper # 1.xlsx Upload your completed work paper here

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