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rview (DRAFT VERSION) lu Calculator Instructions Chart of Accounts General Journal...

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Accounting

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rview (DRAFT VERSION) lu Calculator Instructions Chart of Accounts General Journal L Instructions Using the direct write-off method of accounting for uncollectible receivables. Apr 1 June 10 Sold merchandise on account to Jim Dobbs, $8,400. The cost of the merchandise is $5,300 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder Reinstated the account of Jim Dobbs and received cash in full payment Oct. 11 Required: Journalize the above transactions. Refer to the Chart of Accounts for exact wording of accountries. DELL c o o A $ 4 % 5 & 7 6 8 9 rview (DRAFT VERSION) lu Calculator Instructions Chart of Accounts General Journal L Instructions Using the direct write-off method of accounting for uncollectible receivables. Apr 1 June 10 Sold merchandise on account to Jim Dobbs, $8,400. The cost of the merchandise is $5,300 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder Reinstated the account of Jim Dobbs and received cash in full payment Oct. 11 Required: Journalize the above transactions. Refer to the Chart of Accounts for exact wording of accountries. DELL c o o A $ 4 % 5 & 7 6 8 9

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