Solved: May 9 reinstated the account of jason wilcox and received, Accounting Basics

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May 9 reinstated the account of jason wilcox and received

1. Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables:

Feb. 25. Received $500 from Jason Wilcox and wrote off the remainder owed of $4,000 as uncollectible.

May 9. Reinstated the account of Jason Wilcox and received $4,000 cash in full payment.

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Accounting Basics: May 9 reinstated the account of jason wilcox and received

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Accounting Basics: May 9 reinstated the account of jason wilcox and received

Reference No:- TGS01509777

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