March 11 Dexter determines that it cannot collect $9,200 of its accounts receivable from Leer Co....

March		11		Dexter determines that it cannot collect $9,200 of its accounts receivable from Leer Co.
		29		Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt.

Prepare journal entries to record the above transactions.

Record write off of Leer Co. account.

Date	General Journal	Debit	Credit
Mar 11

Record the reinstatement of an account previously written off.

Date	General Journal	Debit	Credit
Mar 29

Record the cash received on account.

Date	General Journal	Debit	Credit
Mar 29

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ekkarill92 answered 1 year ago

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