Business, 22.04.2020 03:05 infoneetusinghoyg22o

Aguilar Company receives a $2,000 cash payment from a customer whose accounts receivable was previously written off.

In recording this transaction, which of the following are true? Check all that are true.

Allowance for doubtful accounts is credited/increased for $2,000
Accounts receivable is debited/increased for $2,000
Cash is debited/increased for $2,000
Allowance for doubtful accounts is debited/decreased for $2,000
Bad debt expense is credited/decreased for $2,000
Bad debt expense is debited/increased for $2,000
Cash is credited/decreased for $2,000
Accounts receivable is credited/decreased for $2,000

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Aguilar Company receives a $2,000 cash payment from a customer whose accounts receivable was previou...