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The USA Homecare Company uses the allowance method of accounting for uncollectible accounts. Record Journal entries for the transactions listed below....
The USA Homecare Company uses the allowance method of accounting for uncollectible accounts. Record Journal entries for the transactions listed below.
Mar. 1 Received $225 from Jon Muncy in payment of a $900 account. The balance is written off as uncollectible.
May. 30 Wrote off the account of Brenda Disesso, $815
July. 18 Received a check from Brenda DISESSO in full payment of previously written-off account