Mathematics, 17.12.2020 19:20 kseniyayakimov

The Sputnick Company uses the percent of sales method of accounting for uncollectible accounts receivable. During the current year, the following transactions occurred: Prepare the general journal entries to record these transactions.
Sept 7 Sputnick Company determined that the $8,000 account receivable of the Rainier Company was uncollectible, and wrote it off.

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