Dexter Company uses the direct write-off method. March 11 Dexter determines that it...
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Accounting
Dexter Company uses the direct writeoff method. March Dexter determines that it cannot collect $ of its accounts receivable from Leer Company. March 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 writeoff of Leer Company account. Note: Enter debits before credits.
Dexter Company uses the direct writeoff method.
March Dexter determines that it cannot collect $ of its accounts receivable from Leer Company.
March 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 writeoff of Leer Company account.
Note: Enter debits before credits.
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