Question: Dexter Company uses the direct write-off method. 4 March 11 Dexter determines that it cannot collect $8,500 of its accounts receivable from Leer Co. 29

Dexter Company uses the direct write-off method. 4 March 11 Dexter

determines that it cannot collect $8,500 of its accounts receivable from Leer

Co. 29 Leer Co. unexpectedly pays its account in full to Dexter

Dexter Company uses the direct write-off method. 4 March 11 Dexter determines that it cannot collect $8,500 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, pints View transaction list Print Journal entry worksheet 1 2 3 Record write off of Leer Co. account. Note: Enter debits before credits Date General Journal Debit Credit March 11 Record entry Clear entry View general journal Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,500 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 tint Journal entry worksheet

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