The Entry to Record the Collection of a Previously Written-Off

question 163

Multiple Choice

The entry to record the collection of a previously written-off account needs to be recorded because a customer paid $9,600 after its accounts receivable had been written off.This entry includes a:

• A)debit to Allowance for Doubtful Accounts of $9,600.
• B)debit to Bad Debt Expense of $9,600.
• C)credit to Bad Debt Expense of $9,600.
• D)credit to Allowance for Doubtful Accounts of $9,600.

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Definitions:

Demand

In economics, the desire to purchase goods or services combined with the capacity to pay for them.

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Individuals who inspire and motivate others through their personal charm, vision, and influence.

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Refers to supernatural abilities or phenomena beyond scientific understanding, typically associated with religious or spiritual beliefs.

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Individuals who choose to support, engage with, or subscribe to observe the content or activities of a person, group, or organization, often within social media contexts.