25. In general journal form, record the ff transactions in the account using debit and credit side in plus or minus sign of ABC company wich uses the direct write-off methods of accounting for uncollectible receivables.
Feb. 20. Sold merchandise on account to zebra company $2,500.
July. 1. Received $1,500 from zebra company and wrote off the remaineder awed on the sale of February 20 as uncollectible.
Dec.10. Reinstated the amount of zebra company that had been written off on July 1 and received &1,000 cash in full payment.
Date Account Debit Credit
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Feb. 20 Accounts Receivable $2,500
Sales Revenue $2,500
July 1 Allowance for Doubtful Accounts $2,000
Accounts Receivable $2,000
Dec. 10 Cash $1,000
Accounts Receivable $1,000