Question: Wadas Company uses the direct write-off method to account for uncollectble receivables. On April 18. Wadas wrote of a $6,200 account receivable from customer W.

Wadas Company uses the direct write-off method to account for uncollectble

Wadas Company uses the direct write-off method to account for uncollectble receivables. On April 18. Wadas wrote of a $6,200 account receivable from customer W. Jaden. On May 24, Wadas unexpectedly received full payment from Jeden on the previously written off account 7. Joumalize Wadas's write-off on the uncolectible recevable 8. Joumalize Wadas's collection of the prevlously written off receivable. wwitten off 7. Joumalize Wadas's wnite-off on the uncolectible receivable. (Record debits first, then, credits. Select the explanation on the last line of the joumal entry table.) Date Accounts and Explanation Debit Cred t Apr. 18

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