req c1

Chapter 8. Assignment Sum us Check my were 4 M8-16 (Supplement 8A) Recording Write-Offs and Reporting Accounts Receivable Using the Direct Write-Off Method (LO 8-51) On December 1, 2017, Extreme Press has an adusted bace of $330.000 in Accounts Receivable On January 2, 2018, the company learns that certain customer accounts are not collectible to management Ruthorises a wise off of these accounts totaling $800. Extreme Fitness uses the direct write-off method a. What amount would the company report as its not accounts receivable on December 2017 b. Prepare the journal entry to write of the accounts on January 2, 2018 Assuming no other transactions occurred between December 31, 2017, and January 3, 2016. what amount would the company report as its net accounts receivable on January 3, 2018? Has not accounts receivable changed from December 31, 2017 Brno Complete this question by entering your answers in the tabs below. REGA RD Rest Reg C2 Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its not accounts receivable on January 3, 20167 Net Amants Receivate