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Journalise the following transactions in the books of Glenmore International- Note- Allowance for doubtful accounts...

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Accounting

Journalise the following transactions in the books of Glenmore International-

Note- Allowance for doubtful accounts has a debit balance of $400 and balance in accounts receivables is $80,000

The company estimated bad debts to be 2% of Accounts receivables.

The account of Jack Nelson has declared uncollectible with $4000

A customer Frank Leon, whose account was declared uncollectible has paid in full $8500 that he owed to the company.

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