For the event described below, make the appropriate entries…
For the event described below, make the appropriate entries in journal entry format to record its effects on the firm. Assume that on 2/12/2013 Reppenhagen Co. becomes confident it will not collect a $25 account receivable owed by its customer Cocaine Boy. In your answer, use the account title “AR” or “Rec” to refer to this particular account receivable. Please make the journal entry to write off the uncollectible account receivable. Date Account(s) you debit (left aligned and listed first) Account(s) you credit (indented and listed last) Debit Credit 2/12/13 25 25 Notes on answer format: In the portion of the journal entry listing accounts: Identify accounts using the official account abbreviations (use the official account abbreviations which you can review by looking at the images at the bottom of this question. Pay attention to capitalizations!). In the portion of the journal entry listing dollar amounts: In some cases, the dollar amount will be filled in for you. When you fill in a dollar amount, do not use any spaces, commas, or symbols. If there is a place for an answer but you think it should be left blank, enter the number 0.