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Title: When using the allowance method, after a company has previously written off an account, ________. Post by: H3Ko on Aug 29, 2016 When using the allowance method, after a company has previously written off an account, ________.
A) the company does not need to re-establish the receivable account B) the company continues to send monthly statements to the customers whose accounts have been written off C) when a customer pays on an account that has been written off, the company needs to reverse the write-off to the Allowance for Bad Debts account and then record the receipt of cash D) the company cannot collect from these customers because their accounts have been written off Title: Re: When using the allowance method, after a company has previously written off an account, ... Post by: .unplugged. on Aug 29, 2016 Content hidden
Title: Re: When using the allowance method, after a company has previously written off an account, ________. Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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