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3 Exercise 9-4 Direct write-off method LO P1 Dexter Company uses the direct write-off method. 20 points March 11 Dexter determines that it cannot collect
3 Exercise 9-4 Direct write-off method LO P1 Dexter Company uses the direct write-off method. 20 points March 11 Dexter determines that it cannot collect $45,000 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. eBook Prepare journal entries to record the above transactions. Ask View transaction list ***** :X 1 Record write off of Leer Co. account. 2 Record the reinstatement of an account previously written off. 3 Record the cash received on account. Note : journal entry has been entered Journal entry worksheet 1 2. 3 > Record write off of Leer Co. account. Note: Enter debits before credits. General Journal Debit Credit Date March 11 Record entry Clear entry View general Journal Journal entry worksheet
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