Gomez Corp, uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,700 account of a

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Gomez Corp Uses The Allowance Method To Account For Uncollectibles On January 31 It Wrote Off An 1 700 Account Of A 1 (28.04 KiB) Viewed 59 times

Gomez Corp, uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,700 account of a customer, C. Green. On March 9, it receives a $1,200 payment from Green. Prepare the journal entry for January 31 and March 9. Assume no additional money is expected from Green for March 9. View transaction list Journal entry worksheet < 1 2 3 Record the write-off of Green's $1,700 account Date Jan 31 Note: Enter debits before credits. General Journal < Prev Debit 8 of 18 Credit Next >