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A company has received cash for a debt that was previously written off. Which of the following is the correct double ent
Posted: Thu May 19, 2022 11:24 am
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 (16.7 KiB) Viewed 67 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)