Business, 19.12.2019 05:31 phillswift2020
On june 16, 2018, evergreen inc. wrote off the $200 receivable from customer m. simmons. on october 14, 2018, evergreen unexpectedly receives $200 cash from m. simmons. how should evergreen record the $200 payment from m. simmons? evergreen uses the allowance method. a. debit accounts receivable-m. simmons and credit bad debts expense: debit cash and credit accounts receivable-m. simmons. b. debit cash and credit bad debts expense. c. debit cash and credit allowance for bad debts. d. and credit allowance for bad debts; debit cash and credit accounts debit accounts receivable-m. simmons receivable- m. simmons
Answers: 1
Business, 21.06.2019 17:30
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On june 16, 2018, evergreen inc. wrote off the $200 receivable from customer m. simmons. on october...
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