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30. In 2019, Commerford paid $50 of the original $2,000 bill that was previously written off by Trevor. What is the journal entry Trevor Construction
30. In 2019, Commerford paid $50 of the original $2,000 bill that was previously written off by Trevor. What is the journal entry Trevor Construction needs to make (if any) using the allowance method?
a. | it will include a credit to cash for $50 | |
b. | it will include a debit to cash for $2,000 | |
c. | it will include both a debit and credit to Accounts Receivable for $50 | |
d. | it will include a debit to the Allowance for $50
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