Solution-Who has no assets, Maria Rivera, owner of Rivera

Who has no assets

Reference no: EM13511668

Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record the following transactions in general journal form:

July 20 Wrote off $2,325 owed by Joe Balouka, who has no assets.

Oct. 15 Wrote off $1,675 owed by Alice Rose, who declared bankruptcy.

Reference no: EM13511668

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Who has no assets : Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record the following transactions in general journal form.

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Who has no assets

Reference no: EM13511668

Reference no: EM13511668

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