Plumbing Unlimited Uses the Direct Write-Off Method for Uncollectible Accounts

question 87

Essay

Plumbing Unlimited uses the direct write-off method for uncollectible accounts. Record the following transactions in general journal form.
Aug 15 Sold merchandise on account to Maureen Townsend for $3,500. The cost to
Plumbing Unlimited for the merchandise is $1,000.
Sept 15 Received $1,200 cash payment from Maureen Townsend on her account.
Sept 30 Received $800 cash payment from Maureen Townsend on her account.
Oct 15 Wrote off the balance due on Maureen's account as uncollectible.

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Definitions:

DeviceNet Network

A digital, multi-drop network that connects and serves as communication between industrial devices like sensors and actuators and higher-level devices such as PLCs.

Intelligence

The ability to acquire and apply knowledge and skills.

Microprocessor

A central processing unit manufactured on a single integrated-circuit chip (or several chips) by utilizing large-scale integration technology.

Network Switch

A networking device that connects devices together on a computer network, using packet switching to receive, process, and forward data to the destination device.