Essay
Record entries for the following transactions for UTF-8 Corp.UTF-8 Corp.maintains an Allowance for Uncollectible Accounts.
a.Sold merchandise on account to Java Ltd.,$1,800.
b.Sold merchandise on account to Centera,$759.
c.Wrote off both the Java Ltd.and the Centera accounts.
d.Centera unexpectedly paid off his account in full.
Correct Answer:

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