42% 9-11 PM edugen.wileyplus.com Kimmel, Accounting, 4e Helo 1 System Anno CALCU

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42% 9-11 PM edugen.wileyplus.com Kimmel, Accounting, 4e Helo 1 System Anno CALCULATOR PRINTER VERSION BACK Exercise 8-6 that 9% of its accounts receivablebalance of $88,900 will become uncollectible and records the necessary adjustment to the Allowance for Doubtful Accounts. 2. On May 11, 2012, Nova Co. determined that J. Rast's account was uncollectible and wrote off $2,700, 3. On June 12, 2012, Rast paid the amount previously written off. Prepare the journal entries on December 31, 2011, May 11, 2012, and June 12, 2012. (Credit account titles are automatically indented when amount is entered. Do not indent manually-) 2. 3. (To reinstate account previously written off) Show Work is REQUIRED for this question: Open Shom Wark

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