Question: c Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect 59,900 of its accounts receivable from Leer Co. 29


Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect 59,900 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions, View transaction list Journal entry worksheet 3 Record write off of Leer Co. account. Note: Enter debits before credits Date General Journal Credit Debit 9,000 March 11 Bad debts expense Accounts receivable Leer Co. 9,000 Record entry Clear entry View general Journal Che Dexter Company uses the direct write-off method March 11 Dexter determines that it cannot collect $9,900 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare Journal entries to record the above transactions View transaction list Journal entry worksheet 2 Record the reinstatement of an account previously written off. Note: Enter debits before credits Dobit Credit Date General Journal March 29 Accounts receivable--Leer Co. Bad debts expense 9,000 9.000 Record entry Clear entry View general Journal Soved Check Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $9.990 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions View transaction list Journal entry worksheet 2 Record the reinstatement of an account previously written off, Note: Enter debits before credits Debit Credit Date General Journal March 29 Accounts receivable-Leer Co. Bad debts expenso 9,000 9,000 Record entry Clear entry View general Journal
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