A company has received cash for a debt that was previously written off. Which of the following is the correct double ent

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
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

Post by answerhappygod »

A Company Has Received Cash For A Debt That Was Previously Written Off Which Of The Following Is The Correct Double Ent 1
A Company Has Received Cash For A Debt That Was Previously Written Off Which Of The Following Is The Correct Double Ent 1 (16.7 KiB) Viewed 65 times
A 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)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”