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A customer paid in full the invoice amount of $2,640 after it was written off as uncollectable. Using the direct recovery method, the journal entry
A customer paid in full the invoice amount of $2,640 after it was written off as uncollectable. Using the direct recovery method, the journal entry to record the collection is: Group of answer choices Debit bank $2,640, credit bad debts recovered $2,400, credit GST payable $240 Debit bank $2,640, credit accounts receivable $2,640 Debit bad debts recovered $2,400, debit GST payable $240, credit accounts receivable $2,640 Debit accounts receivable $2,640, credit bad
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