During August 2018, Robo Company recorded the following Sales of 115,200 $90,000 on account...
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During August 2018, Robo Company recorded the following Sales of 115,200 $90,000 on account $16.200 for cash) gore Cost of Goods Sold Collections on account,388,800 Write ots of uncollectible receivables, 31,450 Recovery of receivable previously writer of 51,100 Requirements 1 Journalize Robo's transactions during August 2018, auming Robe uses the direct wrto-off method 2. Jaumalce Robo's transaction during August 2014, assuming Robo Unes the allowance method Requirement1 Julie Robo's ramaction during August 2018, mesuming Robots the direct write of method Sales of $115.200 100.000 en account 510.-200 for each gncre Cont of Goode Soid. (Record debita fint, thon credits Select the explanation on the wet tre of the journal entry tabio. Prepare a single compound mal entry) Date Accounts and Explanation Aug Debit Credit Collection on Count 100 Dale Accounts and explanation Debit Creu AO Now prepare the entry to show the collection of the previously written off receivable. Date Accounts and Explanation Debit Credit Aug
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