lournalize the following transactions, using the allowance method of accounting for uncollectible reccivables. Mar. 17,...
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lournalize the following transactions, using the allowance method of accounting for uncollectible reccivables. Mar. 17, Received $2,860 from Shawn Molvecly and wrote off the remainder owed of $6,030 as uncollectible. If an amount box does not require an entry, leave it blank. M. Fendous FCreak Wh Whr When a castortie account is identified as uncollectible, it is written off against the allowance account: July 20: Deinstated the account of Shawn McNeely and received $6,030 cash in full payment
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You can see the logs in the Dashboard.