Four months ago, you wrote off a customer's worthless account. Today, he brought in a money order for the full amount he had owed. What is your 4-row journal entry to record this event if your company uses the Direct Write-Off Method? (1) dr. (to reverse the original write-off) Choose... (2) cr. (to reverse the original write-off) Choose... (3) dr. (to recognize payment) cr. A/R cr. Cash (4) cr. (to recognize payment) cr. Bad Debts Expense dr. Bad Debt Expense dr. Cash Four months ago, you wrote off a customer's w full amount he had owed. ht in a money order for the cr. Allowance for Bad Debts What is your 4-row journal entry to record this dr. A/R owance Write-Off Method? Four months ago, you wrote off a customer's worthless account. Today, he brought in a money order for the full amount he had owed. What is your 4-row journal entry to record this event if your company uses the Allowance Write-Off Method? (1) dr. (to reverse the write-off) Choose... (2) cr. (to reverse the write-off) Choose... (3) dr. (to recognize payment) cr. A/R dr. Cash (4) cr. (to recognize payment) dr. A/R cr. Bad Debt Expense Which of the following is the correct foi dr. Allowance for Bad Debts ! Ratio? cr. Allowance for Bad Debts Select one: O a. Net Credit Sales / Accts Rec Endi. cr. Cash