During July 2017,Bridgeport Enterprises recorded the following:
Sales of $86,400 ($64,500 on account,$21,900 for cash)
Collections on account,$58,950
Write-offs of uncollectible receivables,$2,560
Recovery of receivable previously written off,$1,000
Journalize Bridgeport's transactions during July,assuming Bridgeport uses the allowance method.
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