American Contractors Uses the Direct Write-Off Method for Uncollectible Accounts

question 62

Essay

American Contractors uses the direct write-off method for uncollectible accounts. Record the following transactions in general journal form.
Feb 11 Sold merchandise on account to Leslie Noonan for $8,400. The cost to American for the merchandise is $4,500.
Mar 8 Received $2,650 cash payment from Leslie Noonan on her account.
Apr 10 Wrote off the balance due on Leslie's account as uncollectible.
May 3 Unexpectedly received $3,900 cash payment from Leslie Noonan on her account.
Payment was received in the same period as the write off.

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Definitions:

Impulses

Sudden, involuntary inclinations to act or respond to something without conscious thought.

Guilt

A feeling of responsibility or remorse for some offense, crime, wrong, whether real or imagined.

Antisocial

Behaviors that go against social norms and can harm or lack consideration for the well-being of others.

Hurtful Behavior

Actions or words that cause distress or pain to another person, whether intentional or unintentional.