Answer Happy

4 Be. 212 - 8 Strickman Company uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following transactions: 1/5 Sold merchandise to Sue Land for S1800, terms n/15 4/15 Received $400 from Sue land on account 8/21 Wrote off as uncollectible the balance, she declared bankruptcy 10/5 Unexpectedly received check for $650 from Sue Land 1/5 Accounts receivable Sales revenue 4/15 8/21 Allowance for doubtful accounts Accounts receivable 10/5 Allowance for doubtful accounts Cash