Business
Business, 26.11.2019 03:31, hope10079

Journalize the following transactions, using the allowance method of accounting for uncollectible receivables.

oct. 2: received $600 from rachel elpel and wrote off the remainder owed of $1,350 as uncollectible. if an amount box does not require an entry, leave it blank.

dec. 20: reinstated the account of rachel elpel and received $1,350 cash in full payment.

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