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Dexter Company uses the direct write-off method. March 11 Dexter deternines that it cannot collect 58,500 of its accounts recelvable from teer canpany. Mareh 29

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Dexter Company uses the direct write-off method. March 11 Dexter deternines that it cannot collect 58,500 of its accounts recelvable from teer canpany. Mareh 29 teer Conpany unexpectedly pays its account in full to Dexter Conpany. 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. Noter Enter deboits before credits. Journal entry worksheet Record the reinstatement of an account previously written off. Note: Enter debits before credits. Record the cash received on account. Note: Enter debits before credits

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