Prepare general journal entries to record the following transactions for the Harris Company. (The company...
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Accounting
Prepare general journal entries to record the following transactions for the Harris
Company. (The company uses the balance sheet approach for recording bad
debts expense.)
2010
Dec. 31 Recorded Bad Debts Expense, $800
2011
Jan. 3 Wrote off Jals account as uncollectible, $60
Mar. 4 Wrote off Halls account as uncollectible, $75
Jul. 5 Recovered $45 from Hall
Aug. 19 Wrote off M. Wilsons account as uncollectible, $100
Nov. 7 Recovered $25 from Jal
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