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On January 1, Wei Company begins the accounting period with a $34,000 credit balance in...

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Accounting

On January 1, Wei Company begins the accounting period with a $34,000 credit balance in Allowance for Doubtful
Accounts.
a. On February 1, the company determined that $7,600 in customer accounts was uncollectible; specifically, $1,300 for
Oakley Company and $6,300 for Brookes Company Prepare the journal entry to write off those two accounts.
b. On June 5, the company unexpectedly received a $1,300 payment on a customer account, Oakley Company, that had
previously been written off in part a. Prepare the entries to reinstate the account and record the cash received.
Journal entry worksheet
1
2
3
On February 1, the company determined that $7,600 in customer accounts
was uncollectible; specifically, $1,300 for Oakley Company and $6,300 for
Brookes Company. Prepare the journal entry to write off those two accounts.
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