A Company Writes Off a Specific Account as Uncollectible,but Later

question 50

Multiple Choice

A company writes off a specific account as uncollectible,but later the customer pays.The journal entry to record the reinstatement under the allowance method includes a(n) :

• A)increase to Cash.
• B)decrease to Sales.
• C)decrease to Allowance for Doubtful Accounts.
• D)decrease to Bad Debts Expense.

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