If an Account Is Collected After Having Been Previously Written

question 104

Multiple Choice

If an account is collected after having been previously written off,

• A) the allowance account should be debited.
• B) Bad Debt Expense should be credited.
• C) the gross accounts receivable will remain unchanged.
• D) there will be both a debit and a credit to Accounts Receivable.

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Definitions:

England

A country that is part of the United Kingdom, known for its rich history, cultural heritage, and as the birthplace of the English language.

Spain

A country in southwestern Europe known for its rich history, cultural diversity, and significant contributions to art, literature, and global exploration.

France

A country in Western Europe known for its rich history, art, architecture, and culinary traditions.

Italy

A country in southern Europe, known for its rich history, culture, art, and significant contributions to the development of Western civilization.