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    Business
  3. Study Set
    Accounting Study Set 4
  4. Exam
    Exam 9: Receivables
  5. Question
    When an Account Receivable That Has Been Written Off Is
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When an Account Receivable That Has Been Written Off Is

Question 1

Question 1

True/False

When an account receivable that has been written off is subsequently collected, the account receivable must first be reinstated before recording the receipt of payment.

Correct Answer:

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