Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote...
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Accounting
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,500 account of a customer, Green On March 9, it receives a $2,000 payment from Green 1. Prepare the journal entry for January 31 2. Prepare the joumal entries for March 9, assume no additional money is expected from Green View transaction list Journal entry worksheet 1 2 3 Record the write-off of Green's $2,500 account Note: Enter debits before credits General Journal Debit Credit Jan 31 Secondent Clementy View general journal
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