Joe Is a Customer of Bobble, Inc

question 137

Multiple Choice

Joe is a customer of Bobble, Inc. which uses the allowance method to account for uncollectible accounts. The company wrote off his account of $2,000 on March 15. On June 11, he sent in a payment of $800. What will Bobble, Inc. record first to reinstate his account?

• A)Debit Cash; credit Accounts Receivable/Joe.
• B)Debit Bad Debt Expense; credit Accounts Receivable/Joe.
• C)Debit Allowance for Doubtful Accounts; credit Accounts Receivable/Joe.
• D)Debit Accounts Receivable/Joe; credit Allowance for Doubtful Accounts.

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Definitions:

Temple of Apollo

An ancient Greek sanctuary dedicated to Apollo, the god of music, healing, and prophecy.

Didyma

An ancient Greek sanctuary located on the west coast of Turkey, renowned for its temple of Apollo and its prophetic oracle.

Turkey

A country located at the crossroads of Europe and Asia, known for its rich history, cultural diversity, and significant contributions to art, cuisine, and architecture.

Cella

The chamber at the center of an ancient temple; in a classical temple, the room (Greek, naos) in which the cult statue usually stood.