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majestico majestico
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Posts: 1455
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7 years ago
When all of the cash for an account previously written off under the direct write-off method is unexpectedly collected, the correct entry would be:
A) debit Accounts Receivable and credit Bad Debt Expense.
B) debit Cash and credit Accounts Receivable.
C) dependent on the period in which the cash was collected.
D) debit Bad Debt Expense and credit Accounts Receivable.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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majestico Author
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7 years ago
Good timing, thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
This helped my grade so much Perfect
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