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Dillon Company uses the allowance method to account for bad debts. The entry to record when already written -off bad debt is collected in cash
Dillon Company uses the allowance method to account for bad debts. The entry to record when already written-off bad debt is collected in cash should be: Debit Credit A. Cash Accounts receivable B. Allowance for bad debts Bad debt expense C. Cash Bad debt expense D. Cash Allowance for bad debts
a. Option A b. Option B c. Option C d. Option D |
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