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I need help with the Explanation and Solution for the whole question Please and Thank you Connect Homework - Chapter 7 Saved Help Save &

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image text in transcribed I need help with the Explanation and Solution for the whole question Please and Thank you
Connect Homework - Chapter 7 Saved Help Save & Exit Submit Exercise 7-4 Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,400 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. points Prepare journal entries to record the above transactions. eBook Print View transaction list References Journal entry worksheet

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