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Exercise 7-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter dotemines that it cannot collect 58,200 of

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Exercise 7-4 (Algo) Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter dotemines that it cannot collect 58,200 of its accounta recelvable fron Leer Company. March 29 Leer Company unexpectedly pays it account in fuxt to Dexter company. Dexter recorda ita recoyory of this bad debt

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