Dexter Company applies the direct write-off method in accounting for uncollectible accounts. March 11 Dexter determines that it cannot collect $45,000 of its accounts receivable from its customer Leer Company 29 Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad d Prepare journal entries to record the above selected transactions of Dexter. View transaction list Journal entry worksheet 1 2 Record write off of Leer Company account Note: Enter debits before credits. Date General Journal Debit Credit March 11 Record entry Clear entry View general journal 2

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Q: Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect…

A:

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Q: Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the…

A: WE USE THE ALLOWANCE ACCOUNT BALANCE TO WRITE OFF THE ACCOUNT RECEIVABLES .