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Stephanie Stouse is an attorney in Los Angeles. Stouse uses the direct write-off method to account for uncollectible receivables. At January 31 comma 2016, Stouse's accounts receivable totaled $ 19 comma 000. During February, she earned revenue of $ 20 comma 000 on account and collected $ 15 comma 000 on account. She also wrote off uncollectible receivables of $ 1 comma 400 on February 29, 2016. Requirements 1. Use the direct write-off method to journalize Stouse's write-off of the uncollectible receivables. 2. What is Stouse's balance of Accounts Receivable at February 29, 2016?
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Stephanie Stouse is an attorney in Los Angeles. Stouse uses the direct write-off method to account f...
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