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Business, 26.06.2020 16:01 oryunnis

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,100 account of a customer, C. Green. On March 9, it receives a $1,600 payment from Green. Prepare the journal entry for January 31 and March 9. Assume no additional money is expected from Green for March 9.

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Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an...
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