Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of
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Question:
Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $8,600. On September 9, the customer unexpectedly pays the $8,600 balance.
Record the cash collection on September 9.(If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
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