Advanced Placement (AP)

On February 23: ABC Company made sales of merchandise for Mr. X on account having a value of Br 4,000. On June 24: ABC Company determined that the account of Mr. X as uncollectible. On November 28: ABC Company received a Br 4,000 check from Mr. X in payment of the account that was previously written off. Required: What would be the entries required; a) To record sales b) To record account write off c) To reverse original written of Mr. X’s account d) To record collection of the account

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On February 23: ABC Company made sales of merchandise for Mr. X on account having a value of Br 4,00...

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