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I'm confused on the bad debt..... If a customer pays an item that was written off from Accounts Receivable the company must first: Reduce the
I'm confused on the bad debt.....
If a customer pays an item that was written off from Accounts Receivable the company must first:
Reduce the Bad Debt Expense
Decrease the Allowance for Doubtful Accounts
Reinstate the Accounts Payable
Increase the Bad Debt Expense
Reinstate the Accounts Receivable
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