A company has received cash for a debt that was previously written off. Which of the following is the correct double ent
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
A company has received cash for a debt that was previously written off. Which of the following is the correct double ent
company has received cash for a debt that was previously written off. Which of the following is the correct double entry to record the cash received? Debit Credit A Irrecoverable debts expense Accounts receivable B Cash Irrecoverable debts expense с Allowance for receivables Accounts receivable D Cash Allowance for receivables (2 marks)
A