At the beginning of the current period,NewmanCorporation had balances in Accounts Receivable of $201,100and in Allowance for Doubtful Accounts of $9,900(credit). During the period,Newmanhad credit sales of $805,800and collections on account of $769,300.

Newmanuses a perpetual inventory system and determined that the cost of goods sold during the period was $669,500.Newmanwrote off as uncollectible accounts receivable of $7,500. However, a $2,800account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $25,400at the end of the period.

The entry (or entries) to record the recovery of the uncollectible account during the period is (are):

Question 23 options:

AccountsReceivable

2,800

Allowance for Doubtful Accounts

2,800

Cash

2,800

Accounts Receivable

2,800

Bad Debt Expense

2,800

Allowance for Doubtful Accounts

2,800

Accounts Receivable

2,800

Allowance for Doubtful Accounts

2,800

Accounts Receivable

2,800

Cash

2,800

Allowance for Doubtful Accounts

2,800

Bad Debt Expense

2,800

None of the above