writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare Chan's journal entries for the transactions. View transaction list Journal entry worksheet < 1 2 Date Dec 31 3 Record the estimated bad debts expense. Note: Enter debits before credits. Record entry 4 General Journal Clear entry Debit Credit View general journal >

1. Record the estimated bad debts expense. 2. Wrote off P. Park's account as uncollectible. 3. Reinstated Park's previously written off account. 4. Record the cash received on account.

Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Mar. 17. Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 July 29. Reinstated the account of Shawn McNeely and received $1,000 cash in full payment. July 29. July 29.

Please don't give answers in image and give correct answer thanku

answer in text form please (without image), Note: .Every entry should have narration please

Requirement 1. Record the transactions in the journal and post to the Allowance for uncollectible accounts and Bad debt expense ledger accounts that have been opened for you. These accounts have beginning balances of $3,200 (cr.) and $0, respectively. Remember to update account balances but ignore posting references. Begin by recording the transactions in the journal. (Record debits first, then credits. Exclude explanations from any journal entries.) Jan 17: Sold inventory to Riley Brunswick, $500 on account. Ignore cost of goods sold. More Info Journal Entry Date Accounts Debit Credit Jan 17 Sold inventory to Riley Brunswick, $500, on account. Ignore cost of goods sold. Wrote off the Riley Brunswick account as uncollectible after repeated Jan 17 Jun 29 efforts to collect from him Received $175 from Riley Brunswick, along with a letter stating his intention to pay within 30 days. Reinstated his account in full. Aug 6 Sep 4 Received the balance due from Riley Brunswick. Oct 31 Made a…

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Also answer the Analysis please

This question is about Accounts Receivable and Allowance of Doubtful Debts. Please provide me with all the relevant journal entries and calculations plus any other solution that's needed to solve this question (I.e. Accounts Receivable and Allowance of Doubtful Debts Ledger). Thank you so much.

Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos. During the current fiscal year, Gen-X Ads Co. received the following notes: Interest Date Face Amount Rate Term 1. Аpr. 10 $69,000 4% 60 days 2. June 24 16,800 30 days 3. July 1 72,000 120 days 4. Oct. 31 72,000 60 days 54,000 60 days 5. Nov. 15 6. Dec. 27 108,000 30 days Required: Assume 360 days in a year. 1. Determine for each note (a) the due date and (b) the amount of interest due at maturity, identifying each note by number. (a) (ь) Note Due Date Interest Due at Maturity (1) (2) (3) (4) (5) (6) O o in o +