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July 3. Received $29,875 on an account. Oct. 8. Reinstated the account that had been written off on July 3. (Do not record the collection

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July 3. Received $29,875 on an account. Oct. 8. Reinstated the account that had been written off on July 3. (Do not record the collection of cash yet.) Oct. 8 Received $62,485 cash in full payment for the reinstated account. July 3. Received $29,875 on an account. Oct. 8. Reinstated the account that had been written off on July 3. (Do not record the collection of cash yet.) Oct. 8 Received $62,485 cash in full payment for the reinstated account

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