When an account receivable that has previously been written off is later paid, under the allowance method the correct accounting is to: $\begin{array} { l }
\text {a. Dr. A/R }\ \quad\quad\text {Cr. Allowance for doubtful accounts }\
\text {Dr. Cash }\ \quad\quad\text {Cr. A/R }\
\text { b. Dr. Cash}\
\quad\quad \text {Cr. A/R }\
\text {Dr. A/R }\
\quad\quad \text { Cr. Allowance for doubtful accounts}\
\text { c. Dr. Cash}\
\quad\quad \text {Cr. AVR }\
\text {d. Dr. A/R }\
\quad\quad \text {Cr. Allowance for doubtful accounts }\
\end{array}$

Question

When an account receivable that has previously been written off is later paid, under the allowance method the correct accounting is to: $\begin{array} { l  }
 \text {a. Dr. A/R }\ \quad\quad\text {Cr. Allowance for doubtful accounts }\
 \text {Dr. Cash }\ \quad\quad\text {Cr. A/R }\
 \text { b. Dr. Cash}\
\quad\quad \text {Cr. A/R }\
 \text {Dr. A/R }\
\quad\quad \text { Cr. Allowance for doubtful accounts}\
 \text { c. Dr. Cash}\
\quad\quad \text {Cr. AVR }\
 \text {d. Dr. A/R }\
\quad\quad \text {Cr. Allowance for doubtful accounts }\
\end{array}$

Quizplus · Accepted Answer

The Answer of When an account receivable that has previously been written off is later paid, under the allowance method the correct accounting is to: $\begin{array} { l  }
 \text {a. Dr. A/R }\ \quad\quad\text {Cr. Allowance for doubtful accounts }\
 \text {Dr. Cash }\ \quad\quad\text {Cr. A/R }\
 \text { b. Dr. Cash}\
\quad\quad \text {Cr. A/R }\
 \text {Dr. A/R }\
\quad\quad \text { Cr. Allowance for doubtful accounts}\
 \text { c. Dr. Cash}\
\quad\quad \text {Cr. AVR }\
 \text {d. Dr. A/R }\
\quad\quad \text {Cr. Allowance for doubtful accounts }\
\end{array}$

When an Account Receivable That Has Previously Been Written Off