Question: required Saved Help Save & Exit Submit Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company
required Saved Help Save & Exit Submit Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10. Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is: Multiple Choice 2,000 Allowance for Doubtful Accounts Accounts Receivable. Hopkinse Accounts Receivable-A. Hopkins Cash 2,000 2,000 2.000 2,000 Cash Bad debts expense 2.000 0 2,000 Cash Accounts Receivable-A. Hopkins 2,000 quired Saved Cash Bad debts expense 2,000 2,000 Cash Accounts Receivable-A. Hopkins 2,000 2,000 2,000 Accounts Receivable-. Hopkins Bad debts expense Cash Accounts Receivable-. Hopkins 2,000 2,000 2.000 2,000 Accounts Receivable-A. Hopkins Allowance for Doubtful secounts cash Accounts Receivable A. Hopkins 2.000 2.000 2.000 31 Dil 2 3 4 5 8 0 W E IR
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