Under the direct write-off method,to record the receipt of cash after an account has previously being written off,you would first:

Name: Under the direct write-off method,to record the receipt of cash after an account has previously being written off,you would first:
Brand: Quizplus
Rating: 4.8 (63 reviews)

Question

Quizplus · Accepted Answer

Under the direct write-off method, when cash is received after an account has been written off, the customer's account must first be reinstated by reversing the write-off entry before recording the cash receipt.

Under the Direct Write-Off Method,to Record the Receipt of Cash