Kitchen Equipment Company uses the allowance method to account for uncollectibles. On October 31, It wrote off a $1,200 account of a customer, Gwen Rowe. On December 9, It recelved an $800 payment from Rowe. a. Make the appropriate entry for October 31. View transaction list Journal entry worksheet <> Record the entry to write off $1,200-due from Gwen Rowe.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kitchen Equipment Company uses the allowance method to account for uncollectibles. On October 31, It wrote off a $1,200 account of
a customer, Gwen Rowe. On December 9, It recelved an $800 payment from Rowe.
a. Make the appropriate entry for October 31.
View transaction list
Journal entry worksheet
1
Record the entry to write off $1,200-due from Gwen Rowe.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
October 31
Record entry
Clear entry
View general journal
Transcribed Image Text:Kitchen Equipment Company uses the allowance method to account for uncollectibles. On October 31, It wrote off a $1,200 account of a customer, Gwen Rowe. On December 9, It recelved an $800 payment from Rowe. a. Make the appropriate entry for October 31. View transaction list Journal entry worksheet 1 Record the entry to write off $1,200-due from Gwen Rowe. Note: Enter debits before credits. Date General Journal Debit Credit October 31 Record entry Clear entry View general journal
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