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The following asset balances were as follows: Cash, $6,550; Accounts Receivable, $21,700; and Allowance for Doubtful Accounts, $5,650. The next day, you record the collection

The following asset balances were as follows: Cash, $6,550; Accounts Receivable, $21,700; and Allowance for Doubtful Accounts, $5,650. The next day, you record the collection of a customer account for $2,210 that had been written off six months earlier. Record the balances of each of these accounts after the customer collection.

Select one:

a.

Cash, $6,590; Accounts Receivable, $21,700; Allowance for Doubtful Accounts; $7,860

b.

Cash, $6,590; Accounts Receivable, $23,910; Allowance for Doubtful Accounts; $5,650

c.

Cash, $6,590; Accounts Receivable, $23,910; Allowance for Doubtful Accounts; $5,650

d.

Cash, $8,760; Accounts Receivable, $23,910; Allowance for Doubtful Accounts; $5,650

e.

Cash, $8,760; Accounts Receivable, $21,700; Allowance for Doubtful Accounts; $7,860

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