Shelley Summerset is an attorney in Los Angeles. Summerset uses the direct writeoff method to account for uncollectible receivables.
At January Summerset's accounts receivable totaled $ During February, she earned revenue of $ on account and collected $ on account. She also wrote off uncollectible receivables of $ on February
Requirements
Use the direct writeoff method to journalize Summerset's writeoff of the uncollectible receivables.
What is Summerset's balance of Accounts Receivable at February
Requirement Use the direct writeoff method to journalize Summerset's writeoff of the uncollectible receivables. Record debits first, then credits. Select the explanation on the last line of the journal entry table.
tableDateAccounts and Explanation,Debit,CreditFeb