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Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer P
Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer P Moore. On October 30, P. Moore unexpectedly paid his account in full to Solstice company. Record Solstice's entries to reflect recovery of this bad debt view transaction list view general journal Journal Entry Worksheet 12 Record the reinstatement of the account previously written off. General Journal Debit Credit Date Oct 30 *Enter debits before credits clear entry done record entry
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