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On August 15, a company charged-off a customer's $500 balance using the direct charge-off method. On September 30, the customer paid the balance in full.
On August 15, a company charged-off a customer's $500 balance using the direct charge-off method. On September 30, the customer paid the balance in full. The entry to record the transaction on September 30 to reverse the write-off will include a credit to the Blank______ account. Multiple choice question. uncollectible account expense accounts receivable uncollectible accounts recovered
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