Save Homework: Chapter 8 Homework 1 of 3 (0 complete) Score: 0 of 1 pt HW Score: 0%, 0 of 3 pts Question Help E8-21 (similar to) During August 2018 Holio Company recorded the following Sales of $93.200 (577,000 on account $16,200 for cash) Ignore Cost of Goods Sold Collections on account, $66.800 Write-offs of uncollectiblo receivables $1.760 Recovery of receivable previously written of 5300 Requirements 1. Journale Helio's transactions during August 2018, assuming Heho uses the dired write-off method 2 Journal Holio's transactions during August 2010, assuming Hello uses the alowance method Requirement 1. Journalze Hele's transactions during August 2018, assuming Mouses the direct write-off method Sales of 593 200 TT 000 on account $16.200 for cash) Ignore Cost of Goods Sold (Record debits first, then credits Select the explanation on the last line of the journal entry table Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Aug Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 9 parts remaining