Maria Rivera, owner of Rivera Pharmacy,

Maria Rivera, owner of Rivera Pharmacy, uses the direct write-off method in accounting for uncollectible accounts. Record the following transactions in general journal form:
July 20 Wrote off $2,325 owed by Joe Balouka, who has no assets.
Oct. 15 Wrote off $1,675 owed by Alice Rose, who declared bankruptcy.

 

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