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Brookes co. prepare the journal entry

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Reference no: EM13902944

Refer to the information in Exercise 9  6 to complete the following requirements. 

a. On February 1 of the next period, the company determined that $ 6,800 in customer accounts is uncollectible; specifically, $ 900 for Oakley Co. and $ 5,900 for Brookes Co. Prepare the journal entry to write off those accounts. 

b. On June 5 of that next period, the company unexpectedly received a $ 900 payment on a customer account, Oakley Company that had previously been written off in part a. Prepare the entries necessary to reinstate the account and to record the cash received.

Reference no: EM13902944

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