9 Solstice Company, which uses the direct write-off method, determines on October 1 that it...
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Accounting
9 Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $58,000 of its accounts receivable from its customer P. Moore. On October 30, P. Moore unexpectedly paid his account in full to Solstice Company ON Record Solstice's entries to reflect recovery of this bad debt. View transaction list Journal entry worksheet count Record the reinstatement of the account previously written off Note: Enter debits befors credits Debit Credit Date General Journal View general journal Clear entry Record entry
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