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Journalize allen companys transactions on september

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Reference no: EM132326042

Question

The following information was obtained from the Allen Company records:

On April 2, Allen Company

sold inventory on account to Thomas Company, $17,900.

On September 26, Allen Company determines that Thomas Company's account is uncollectible and writes it off.

On November 10, Thomas Company remits a partial payment of $590.

Required:

Journalize Allen Company's transactions on September 26 and November 10. Make sure to enter the day for each separate transaction.

Note: Allen Company uses the allowance method to account for bad debts.

Date

Account Title

Debit

Credit

Reference no: EM132326042

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