Question: Exercise 9-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. Mareh 11 Dexter determines that it eannot colleet $9,400 of
Exercise 9-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. Mareh 11 Dexter determines that it eannot colleet $9,400 of its accounts receivable from Leer company. March 29 Leer Company 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. Journal entry worksheet Record write-off of Leer Company account. Note: tnter debits before credits
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