Question: Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,800 of its accounts receivable from Leer Coepany. Mareh 29
Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,800 of its accounts receivable from Leer Coepany. Mareh 29 Leer Copany tanexpectedly pays its account in full to Dexter Campany. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions. Journal entry worksheet
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