The Company uses the allowance method to account for uncollectibles. On January 31, it wrote...
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Accounting
The Company uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer, C. Green. On March 9, it receives a $1,100 payment from Green. 1. Prepare the journal entry for January 31 2. Prepare the journal entries for March 9; assume no additional money is expected from Green. View transaction list Journal entry worksheet Record the write-off of Green's $1,600 account Note: Enter debits before credits. Date General Journal Debit Credit Jan 31 Record entry Clear entry View general journal
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