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need help with the number values
Journalize the following transactions, using the allowance me ...
need help with the number values
Journalize the following transactions, using the allowance method of accounting for uncollectible receivables: Oct. 2. Received $3,030 from william. Pruitt and wrote off the remainder owed of $2,450 as uncollectible. If an amount box does not raquire an entry, leave it blank. Oct. Fecthack Checking Whes When a customer account is identifed as uncollectible, it is written-off against the allowance account. lec. 20. Reinstated the account of William Pruitt and received $2,450 cash in full payment, If an amount box does not require an entry, leave it blank. Feedibak 1Check Wy work In such cases where an account receivable that has been written-off is later collected, the account is reinstated. Then record the payment for the account.