Question: Remaining Time 2 hours, 21 minutes, 29 seconds Question Completion Status QUESTION 6 6 points Question S Total 6 Marks Suggested time allocation; 11 minutes


Remaining Time 2 hours, 21 minutes, 29 seconds Question Completion Status QUESTION 6 6 points Question S Total 6 Marks Suggested time allocation; 11 minutes i. On 1 July 2020. TechCom started the business and had credit sales of $300,000 during its first year of operations. At the end of the first year. $20,000 of credit wales remained uncollected. Based on the experience of similar businesses, TechCom estimated that $1,500 of its accounts receivable would be uncollectible. Required: Record journal entries. (3 Marks) li. TechCom determines that on 23 January 2021 that it cannot collect $520 owed to it by its customer J. Kent. Required: Record journal entry. (3 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px V Ev "gargighfrtfdighhtaffcighgdfgdaffgigyddd
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