Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of

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Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $7,000. On September 9, the customer unexpectedly pays the $7,000 balance. Record the cash collection on September 9.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 03:45 AM

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Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of

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Financial Accounting

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