Learning objective 2 S9-3 Applying the direct write-off method to account for uncollectibles Shawna Valley...
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Accounting
Learning objective 2 S9-3 Applying the direct write-off method to account for uncollectibles Shawna Valley is an attorney in Los Angeles Valley uses the direct write-off method to account for uncollectible receivables. At April 30, 2018, Valley's accounts receivable toraled $19,000. During May, she earned revenue of $22,000 on account and collected $15,000 on account. She also wrote off uncollectible reccivables of $1,100 on May 31, 2018. Requirements 1. Use the direct write-off method to journalize Valley's write-of f of the uncollectible reccivables. 2. What is Valley's halance of Accounts Receivable at May 31, 2018
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