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Nash's Trading Post, LLC uses the allowance method for estimating uncollectible accounts. Prepare journal entries...

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Accounting

Nash's Trading Post, LLC uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following transactions: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record jour entries in the order presented in the problem.) January 5 April 15 August 21 October 5 Sold merchandise to Sue Land for $1,500, terms n/15. Received $400 from Sue Land on account. Wrote off as uncollectible the balance of the Sue Land account when she declared bankruptcy. Unexpectedly received a check for $600 from Sue Land. Debit you are surey Credit
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Nash's Trading Post, LLC uses the allowance method for estimating uncolectiole xeounts. Prepare jomul mirm vereursos entries in the order presented in the problem) January 5 Sold merchandise to Sue Land for $1,500, terms N/15. April 15 Received $400 from Sue Land on account. August 21 Wrote off as uncollectible the balance of the Sue Land account when she dedared bankeupter: October 5 Unexpectedly received a check for $600 from Sue Land

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