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After writing off a customers account, a company using the allowance method subsequently collected the account in full. It should: a. Debit cash and credit
After writing off a customers account, a company using the allowance method subsequently collected the account in full. It should:
a. Debit cash and credit accounts receivable
b. Debit cash and credit miscellaneous income
c. Debit accounts receivable and credit allowance for doubtful accounts
d. Both A and C
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