Question: A customer whose account receivable was previously written off sent in a cheque. How might a company record this transaction? Select all that apply. Question

A customer whose account receivable was previously written off sent in a cheque. How might a company record this transaction? Select all that apply.

Question 61 options:

a)

increase a revenue account and decrease Bad Debt Expense

b)

increase cash and a revenue account

c)

increase Cash and decrease Bad Debt Expense

d)

Increase Cash and decrease Accounts Receivable

e)

increase both Allowance for Doubtful Accounts and Accounts Receivable

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