Jurnalize the Following using allowance method of accounting for uncollectible receivables:… 1 answer below »

Jurnalize the Following using allowance method of accounting for uncollectible receivables:
1)April 1 Sold merchandise on account to Jim Dobbs, $7,2002)June 10  Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder 3) Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.

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