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    Accounting Study Set 1
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    Exam 9: Receivables
  5. Question
    Under the Allowance Method,if a Customer Makes Payment on a Receivable
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Under the Allowance Method,if a Customer Makes Payment on a Receivable

Question 142

Question 142

True/False

Under the allowance method,if a customer makes payment on a receivable that has already been written off,the company needs to reverse the write-off to the Allowance for Bad Debts account.

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