Question: Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receivable from Leer Co. 29 Leer

that it cannot collect $8,700 of its accounts receivable from Leer Co.

29 Leer Co. unexpectedly paye ita account in full to Dexter Company.

Dexter records ita recovery of this bad debt. Prepare journal entries to

Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly paye ita account in full to Dexter Company. Dexter records ita recovery of this bad debt. Prepare journal entries to record the above transactions. View transaction list Journal entry worksheet 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 Journal entry worksheet Record the reinstatement of an account previously written off. Note: Enter debits before credits Date General Journal Debit Credit March 29 S | Record entry Clear entry View general journal Journal entry worksheet Record the cash received on account, Note: Enter debits before credits Date General Journal Debit Credit March 29 Record entry Clear entry View general Journal

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