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zion company use the allowance method to record uncollectible accounts . in January 20x1, it charged off the 450 account balance of lexington as uncollectible
zion company use the allowance method to record uncollectible accounts . in January 20x1, it charged off the 450 account balance of lexington as uncollectible in june 20x1 lexington paid the entire amount charged off. What journal entries are made at the time of receipt of payment debit allowance for doubtful accounts 450 credit accounts receivables /lexington 450 debit accounts receivable lexington 450 credit allowance for doubtful accounts 450 debit cash 450 credit accounts receivable /lexington 450 both b and c both a and c
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