http //ezto mheducation.com/hm tpx ew Favorites lools Help Dexter Company applie

Question

http //ezto mheducation.com/hm tpx ew Favorites lools Help Dexter Company applies the direct write-off method in accounting for uncollectible accounts March 11 Dexter determines that it cannot collect $9,900 of its accounts receivable from its cus 29 Lester Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. View transaction list Journal entry worksheet 2 Record write off of Lester Company account. Note: Enter debits before credits Date General Journal Debit Credit March 11 Clear entry View general journal Record entry F8 F1o F4 F5 F6 F7 FT F2 F3 4 5 6 2

Explanation / Answer

Date General Journal Debit Credit 11-Mar Bad debts expense 9,900 Accounts receivable—Lester Co. 9,900 29-Mar Accounts receivable—Lester Co. 9,900 Bad debts expense 9,900 29-Mar Cash 9,900 Accounts receivable—Lester Co. 9,900

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