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A company uses the allowance method to account for uncollectible receivables. Assume that a customer calls and offers to pay-off a $ 900 receivable
A company uses the allowance method to account for uncollectible receivables. Assume that a customer calls and offers to pay-off a $ 900 receivable that was written-off last year as uncollectible. What journal entry is required in this case? Multiple Choice O Bad Debt Expense Accounts Receivable $900 $900 Allowance for Doubtful Accounts Accounts Receivable $900 $900 Accounts Receivable Bad Debt Expense $900 $900 Accounts Receivable $900 Allowance for Doubtful Accounts $900 Accounts Receivable Services Revenue $900 $900
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