Assume the same information as in BE8-6, but that on March 4, 2012, Searcy Corp. receives payment

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Assume the same information as in BE8-6, but that on March 4, 2012, Searcy Corp. receives payment in full of $8,000 from Hutley Inc., after the write-off. Prepare the required journal entry (entries) to record this transaction.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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