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Colleen's account was written off for $800. She received an inheritance from her uncle and wants to clear her account. The entry to record this

  • Colleen's account was written off for $800. She received an inheritance from her uncle and wants to clear her account. The entry to record this is to __________.
  • A. debit Cash and credit Accounts Receivable/Maggie
  • B. debit Allowances for Doubtful Accounts, credit Accounts Receivable/Maggie, debit Cash, and credit Accounts Receivable/Maggie
  • C. debit Accounts Receivable/Maggie, credit Allowance for Doubtful Accounts, debit Cash, and credit Accounts Receivable/Maggie
  • D. debit Accounts Receivable/Maggie, credit Allowance for Doubtful Accounts, debit Accounts Receivable/Maggie, and credit Cash

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