Don't give answer in image format InstructionsFeb.Sept103 Sold merchandise on account to Dr. Jil Hat, $15,160. The cost of the merchandise sold was 50.270.Received $4,280 from Dr. Jill Hall and wrote off the remainder owed on the sale of February 3 asuncollectibleDec. 21.Reinstated the account of Dr. Jill Hall that had been written off on September 10 and received $10,880cash in full payment.Joumaltre the above transactions in the accounts of Midwest Medical Co, a medical equipment company that uses the direct write-off method of accounting for uncollectiblerecevables. Refer to the Chart of Accounts for exact wording of account sties

Journal entries means the primary reporting of the transactions in the books of accounts. These are…

Feb. 3. Sept 10 Sold merchandise on account to Dr J Hat $15.160. The cost of the merchandise sold was $9.270 Received $4,200 from Dr. J Hall and wrote off the remainder owed on the sale of February 3 as uncolectible 21. stated the account of Dr. J Hall that t cash in full payment written off on September 10 and received $10,880 Dec Joumate the above transactions in the accounts of Midwest Medical Co, a medical equipment company that uses the direct write-off method of accounting for un ables Refer to the Chart of Accounts for exact wording of accounts

Feb. 3. Sept 10 Sold merchandise on account to Dr J Hat $15.160. The cost of the merchandise sold was $9.270 Received $4,200 from Dr. J Hall and wrote off the remainder owed on the sale of February 3 as uncolectible 21. stated the account of Dr. J Hall that t cash in full payment written off on September 10 and received $10,880 Dec Joumate the above transactions in the accounts of Midwest Medical Co, a medical equipment company that uses the direct write-off method of accounting for un ables Refer to the Chart of Accounts for exact wording of accounts

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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