menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Accounting Study Set 2
  4. Exam
    Exam 8: Receivables, bad Debt Expense, and Interest Revenue
  5. Question
    If an Uncollectible Account,previously Written Off,is Recovered
Solved

If an Uncollectible Account,previously Written Off,is Recovered

Question 121

Question 121

Multiple Choice

If an uncollectible account,previously written off,is recovered:


A) net accounts receivable increases.
B) net accounts receivable decreases.
C) net accounts receivable stays the same.
D) total revenues increase.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q116: The receivables turnover ratio indicates how many

Q117: Match the term and the explanation.Not all

Q118: The balance in the Allowance for Doubtful

Q119: Net accounts receivable is:<br>A)gross accounts receivable minus

Q120: When a customer's balance is known to

Q122: Your company previously averaged about 20% of

Q123: On July 1,2017,Icepresso Inc.signed a two-year $8,000

Q124: The amount of the principal of a

Q125: At the end of the accounting period,The

Q126: Purrfect Pets sells a $1,500 aquarium to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines