Question 2 Prior to recording the following, E. Perry Electronics, Incorporated, had a credit balance of $2,000 in its Allowance for Doubtful Accounts. Requirement 1: 5mks Prepare journal entries for each transaction. (If no entry is required for a transaction/event, write "No journal entry required".) 1. On August 31, a customer balance for $300 from a pror year was determined to be uncollectible and was written off Requirement 2: 10mks 2. On December 15, the customer balance for $300 written off on August 31 was collected in fult.

Question 2 Prior to recording the following, E. Perry Electronics, Incorporated, had a credit balance of $2,000 in its Allowance for Doubtrul Accounts. Requirement 1: 5mms Prepare joumal entries for each transaction. (If no entry is required for a transaction/evant, write "No journal entry required".) 1. On August 31, a customer balance for $300 from a pnor year was determined to be uncollectible and was written off Requirement 2:10mks Requirement 2: 10mks 2. On December 15, tho oustomer bafance for $300 whiten alf on August 3 , whs collectod in thill