When an account has been written off under the direct write-off method in one period and is collected in a subsequent period, the credit to reinstate the account is made to
A) Accounts Receivable.
B) Bad Debt Expense.
C) Bad Debt Income.
D) Uncollectible Accounts Recovered.
Correct Answer:
Verified
Q54: The allowance for bad debts account is
Q55: The adjusting entry to record an increase
Q56: One major cost of selling goods on
Q57: The accounting concept that states expenses should
Q58: Under the allowance method, to write off
Q60: After aging the accounts receivable, it is
Q61: Match the terms with the definitions.
-A concept
Q62: A detailed analysis of the accounts receivable
Q63: Match the terms with the definitions.
-A method
Q64: Match the terms with the definitions.
-A technique
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