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Mid-Iowa Internet Service Uses the Direct Write-Off Method for Recording $350\$ 350

Question 2

Essay

Mid-Iowa Internet Service uses the direct write-off method for recording bad debts.Journalize the following transactions for Mid-Iowa:
2010
Mar. 13 Wrote off Pat's account for $350\$ 350
Apr. 17 Wrote off Cole's account for $75\$ 75
Jul. 5 Recovered $50\$ 50 from Cole
2011
Jan. 9 Recovered $200\$ 200 from Pat

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