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The Connecting company uses the percent of sales method of accounting for uncollectible accounts receivable. During the current year, the following...

The Connecting company uses the percent of sales method of accounting for uncollectible accounts receivable. During the current year, the following transaction occurred:

Sept 7 connecting Company determined that $8,100 account receivable of the Helena company was uncollectible, and wrote it off.

Oct 15 Connecting Company determined that the $2,500 account receivable of the Tree Company was uncollectible and wrote it off.

Nov 9 Helen Company paid $6,000 of the amount owned to the connecting Company. Connecting company does not expect further collections from the Helena company.

Dec 31 Connecting Company estimates the 0.5% of its $1,900,000 of credit sales would be uncollectible.


Prepare the general journal entries to record these transactions

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