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Business, 17.07.2020 16:01 kcombest2979

In August, Johns Co.'s account receivable balance was written off using the direct method. In November, Johns pays the balance in full. The journal entry to record the reinstatement of the account receivable must include a credit to the before recording a debit to the Cash account.

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In August, Johns Co.'s account receivable balance was written off using the direct method. In Novemb...

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