The Collection of an Account That Had Been Previously Written

question 42

Multiple Choice

The collection of an account that had been previously written off under the allowance method for uncollectible accounts

• A)increases profit in the period of collection.
• B)involves a credit to Bad Debt Expense.
• C)will usually require two journal entries.
• D)is recorded by debiting Cash and crediting Bad Debt Expense.

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Definitions:

Java Class

A blueprint from which individual objects are created in Java, containing methods and variables to define object behaviors and states.

Instance Variables

Variables that are non-static and are declared within a class but outside any method, constructor or block.

Constructors

Special methods in object-oriented programming used to initialize newly created objects.

Appointment Class

An object-oriented construct typically used in software applications to manage appointments, including properties like date, time, and description.