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Assuming That the Allowance Method Is Being Used,prepare Journal Entries $6,000\$ 6,000

Question 164

Essay

Assuming that the allowance method is being used,prepare journal entries to record the following transactions.Omit explanations.
Mar. 15 Sold merchandies to Faust for $6,000\$ 6,000 on account.
Apr. 15\quad 15 Received $3,000 from Faust.
Aug 15\quad 15 Wrote off Faust's account as uncollectible.
Nov. 15 Unexgectedly received payment in full from Faust  Assuming that the allowance method is being used,prepare journal entries to record the following transactions.Omit explanations.  Mar. 15 Sold merchandies to Faust for  \$ 6,000  on account. Apr.  \quad 15  Received $3,000 from Faust. Aug  \quad 15  Wrote off Faust's account as uncollectible. Nov. 15 Unexgectedly received payment in full from Faust

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