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Accounting

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CO ebook Show Me How Calculator Entries for Uncollectible Accounts, using Direct write-of Method Journalize the following transactions in the accounts of Canyon River Medical Co, a medical equipment company that uses the direct write-off method of accounting for uncollectible recevables Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $46,300. The cost of goods sold was $25,000 June 2 Received $10,200 from Dr. Kyle Norby and wrote of the remainder owed on the sale of January 19 as uncollectible Oct. 23 Reinstated the account of Dr Kyle Norby that had been written off on June 2 and received $36,100 cash in full payment. If an amount box does not require an entry, leave it blank Jan. 19-sale Jan. 19-cost . June 2 Oct 23-reinstate Check My Work Submit Assigene for Grading I MacBook Air 20 OOD FB 3 * A $ 4 % 5 & 7 * 8 6 0 9 O E R J P U T Y D G H F K J L J June 2 Received $10,200 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uno Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $36,100 cash in If an amount box does not require an entry, leave it blank. Jan. 19-sale Jan. 19-cost June 2 Accounts Payable-Dr. Kyle Norby Accounts Receivable-Dr. Kyle Norby Oct. 23-re Allowance for Doubtful Accounts Cash Cost of Goods Sold Sales Oct. 23-0 Check My Work Save and MacBook Air 20 DOO DOO F4 F5 F6 F7 FO A * 3 $ 4 % 5 6 & 7 8 1 0 8 9

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