Multiple Choice
Molten Manufacturing collects $350 on an account that had been directly written off in the previous year in the amount of $630. The journal entry to record the transaction would include a:
A) $350 credit to Bad Debts Expense.
B) $350 credit to Bad Debts Recovered.
C) $630 debit to Accounts Receivable.
D) $630 credit to Accounts Receivable.
Correct Answer:
Verified
Correct Answer:
Verified
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