7. During June 2018, Gregs Enterprises recorded: Sales of $86,200 ($64,500 on account, $21,700 cash)...
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7. During June 2018, Gregs Enterprises recorded: Sales of $86,200 ($64,500 on account, $21,700 cash) Collections on account, $58,950 Write-offs of uncollectible receivables, $2,520 Recovery of receivable previously written off, $1,000 Journalize Gregs transactions during June, using the allowance method. Include descriptions. Date Accounts and Explanation Debit Credit
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