CJM Sales uses the direct write-off method in accounting for uncollectible accounts.
Record the following transactions in general journal form.
May 28 Sold merchandise on account to North End Motors for $\$ 15,004$ Jwl 11 Received \$12,04t from North End Motors on their account.
Jul 30 Wrote off the balance due as uncollectible.

Question

CJM Sales uses the direct write-off method in accounting for uncollectible accounts.
Record the following transactions in general journal form.
 May 28 Sold merchandise on account to North End Motors for $\$ 15,004$ Jwl 11 Received \$12,04t from North End Motors on their account.
Jul 30 Wrote off the balance due as uncollectible.

Quizplus · Accepted Answer

The Answer of CJM Sales uses the direct write-off method in accounting for uncollectible accounts.
Record the following transactions in general journal form.
 May 28 Sold merchandise on account to North End Motors for $\$ 15,004$ Jwl 11 Received \$12,04t from North End Motors on their account.
Jul 30 Wrote off the balance due as uncollectible.

CJM Sales Uses the Direct Write-Off Method in Accounting for Uncollectible