Exercise 9-5 Writing off receivables LO P2 On January 1, Wei Company begins the accounting period with a $30,000 credit balance in Allowance for Doubtful Accounts. On February 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Co. and $5,900 for Brookes Co. Prepare the journal entry to write off those two accounts. On June 5, 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 to reinstate the account and record the cash received.

Wei Company

1. Journal Entries:

February 1:

Debit Allowance for Doubtful Accounts $6,800

Credit Accounts Receivable $6,800

To write-off the uncollectibles accounts of Oakley Co., $900 and Brookes Co., $5,900.

June 5:

Debit Accounts Receivable (Oakley Co.) $900

Credit Allowance for Doubtful Accounts $900

To reinstate the accounts of Oakley Co.

Debit Cash $900

Credit Accounts Receivable (Oakley Co.) $900

To record the receipt of cash from Oakley Co.

Explanation:

a) Data and Analysis:

January 1: Beginning balance of Allowance for Doubtful Accounts $30,000 credit

February 1: Allowance for Doubtful Accounts $6,800 Accounts Receivable $6,800 (Oakley Co., $900 and Brookes Co., $5,900)

June 5: Accounts Receivable (Oakley Co.) $900 Allowance for Doubtful Accounts $900

June 5: Cash $900 Accounts Receivable (Oakley Co.) $900

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.