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olstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer, P. Moore. It ses the direct write-off
olstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer, P. Moore. It ses the direct write-off method to record this loss as of October 1 . On October 30, P. Moore unexpectedly pays his account in full to olstice Company. ecord Solstice's entries for recovery of this bad debt. Journal entry worksheet Record the reinstatement of the account previously written off. Note: Enter debits before credits. Journal entry worksheet Record the cash received on account. Note: Enter debits before credits
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