Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $11,000. On September 9, th customer unexpectedly pays the $11,000 balance. Record the cash collection on September 9. (If no entry is required for a particular transaction/event, select "No Journal E Required" in the first account field.)
Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $11,000. On September 9, th customer unexpectedly pays the $11,000 balance. Record the cash collection on September 9. (If no entry is required for a particular transaction/event, select "No Journal E Required" in the first account field.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $11,000. On September 9, th
customer unexpectedly pays the $11,000 balance.
Record the cash collection on September 9. (If no entry is required for a particular transaction/event, select "No Journal E
Required" in the first account field.)
View transaction list
Journal entry worksheet
1
2
>
Record the cash collection on September 9.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
September
09
Record entry
Clear entry
View general journal
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