Question: m Dexter Company uses the direct write - off method. 1 Record write - off of Leer Company account. 2 Record the reinstatement of an

m Dexter Company uses the direct write-off method. 1 Record write-off of Leer Company account.
2 Record the reinstatement of an account previously
written off.
3 Record the cash received on account.
March 11 Dexter determines that it cannot collect $9,900 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: Enter debits before credits.
m Dexter Company uses the direct write-off method. 1 Record write-off

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