On March 13,a Company Writes Off a Customer's Account of $3,800.On

question 52

Essay

On March 13,a company writes off a customer's account of $3,800.On June 3,the customer unexpectedly pays the $3,800 balance.Using the allowance method,record the write-off on March 13 and the cash collection on June 3.

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Definitions:

Unconsciously

Performing actions or behavior without conscious awareness or intention, often based on learned patterns or instincts.

Unacceptable Goal

A target or objective deemed inappropriate or unattainable within a given context or set of circumstances.

Acceptable

Considered satisfactory or permissible in quality, standard, or condition.

Justifying

The action of showing or proving to be right or reasonable, often used in the context of arguments or decisions.