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Posted: **Fri Jul 01, 2022 8:30 am**

: Exercise 7 4 Direct Write Off Method Lo P1 Dexter Company Uses The Direct Write Off Method March 11 Dexter Determines T 1 (54.96 KiB) Viewed 46 times

Exercise 7-4 Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $9,800 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions. View transaction list

Journal entry worksheet 1 2 3 Record write off of Leer Co. account. Date March 11 Note: Enter debits before credits. General Journal Debit Credit >

Journal entry worksheet < 1 2 3 Record the reinstatement of an account previously written off. Date March 29 Note: Enter debits before credits. General Journal Debit Credit >

Journal entry worksheet < 1 2 3 Record the cash received on account. Date March 29 Note: Enter debits before credits. General Journal Debit Credit