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Dexter Company applies the direct write-off method in accounting for uncollectible accounts. Dexter determines that it cannot collect $9, 900 of its accounts receivable from

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Dexter Company applies the direct write-off method in accounting for uncollectible accounts. Dexter determines that it cannot collect $9, 900 of its accounts receivable from its customer Lester Company. 29^Lester Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above selected transactions of Dexter

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