Question: A retailer uses an allowance method to record bad debts. A previously written off account receivable for $860 is collected in full from a

A retailer uses an allowance method to record bad debts. A previously

A retailer uses an allowance method to record bad debts. A previously written off account receivable for $860 is collected in full from a customer, James Smith. What entry (entries) is (are) necessary to record this collection of a previously written off account receivable?

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