Prepare general journal entries to record the following transactions for the Sullivan Company.(The company uses the income statement approach for recording bad debts expense.)
2010
$\text { Dec. } 31 \text { Recorded Ead Debts Expense, } \$ 675$ 2011
Jan. 3 Note off Tom's account as uncollectible, $\$ 95$
Mar. 4 Wote off Green's account as uncollectible, $\$ 60$
Jul. 5 Recovered $\$ 50$ from Green
Aug. 19 Nrote off M. Moss' account as uncollectible, 5275

Question

Prepare general journal entries to record the following transactions for the Sullivan Company.(The company uses the income statement approach for recording bad debts expense.)
2010
 $\text { Dec. } 31 \text { Recorded Ead Debts Expense, } \$ 675$ 2011
 Jan. 3 Note off Tom's account as uncollectible, $\$ 95$
Mar. 4 Wote off Green's account as uncollectible, $\$ 60$
Jul. 5 Recovered $\$ 50$ from Green
Aug. 19 Nrote off M. Moss' account as uncollectible, 5275

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The Answer of Prepare general journal entries to record the following transactions for the Sullivan Company.(The company uses the income statement approach for recording bad debts expense.)
2010
 $\text { Dec. } 31 \text { Recorded Ead Debts Expense, } \$ 675$ 2011
 Jan. 3 Note off Tom's account as uncollectible, $\$ 95$
Mar. 4 Wote off Green's account as uncollectible, $\$ 60$
Jul. 5 Recovered $\$ 50$ from Green
Aug. 19 Nrote off M. Moss' account as uncollectible, 5275

Prepare General Journal Entries to Record the Following Transactions for the Sullivan