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6 Help Save CO Exercise 9-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter determines that it
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Help Save CO Exercise 9-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $9.900 of its accounts receivable from Leer Company March 29 Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions. View transaction ist Journal entry worksheet 1 2 3 > Record write-off of Leer Company account. Note Enter debits before credite Date General Journal Debit Credit Journal entry worksheet 1 2 3 Record write-off of Leer Company account. Note: Enter debits before credits. Date General Journal Debit Credit March 11 Record entry Clear entry View general journal Con IST Journal entry worksheet 1 2 3 Record the reinstatement of an account previously written off. Note: Enter debits before credits. Date General Journal Debit Credit March 29 Record entry Clear entry View general journal Step by Step Solution
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