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Jennifer Aniston is the new accounting intern at your company, and she is uncertain about the meaning of bad debts recovered. Advise Jennifer which statement

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Jennifer Aniston is the new accounting intern at your company, and she is uncertain about the meaning of bad debts recovered. Advise Jennifer which statement is true in relation to bad debts recovered? Select one A) The accounts receivable should be re-established to maintain a complete history of the customer's activity and restore their credit rating. B) The entry to reinstate the accounts receivable is DR Accounts receivable and CR Bad debts recovered Both A) and B) are true. Only B) is true

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