Customer A

question 165

Short Answer

Customer A. Smith owed Stonebridge Electronics $325. On April 27, 2016, Stonebridge determined this account receivable to be uncollectible and wrote off the account. The company uses the direct write-off method. On July 15, 2016, Stonebridge received a check for $325 from the customer. How should the July 15, 2016 transaction be recorded?

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Definitions:

Repetitive

Characterized by repeating the same task or action over and over again.

Prospective

Relating to or effective in the future; often used to describe studies or methods that observe outcomes over a certain period.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences.

Autobiographical Memory

The aspect of memory that pertains to personal life events and experiences, forming an individual's life history.