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Dexter Company uses the direct write - off method. March 1 1 Dexter determines that it cannot collect $ 1 0 , 0 0 0

Dexter Company uses the direct write-off method.
March 11 Dexter determines that it cannot collect $10,000 of its accounts receivable from Leer
Company.
March 29 Leer 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 transactions.
Journal entry worksheet
Record write-off of Leer Company account.
Note: Enter debits before credits.
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