Newton Company uses the allowance method of accounting for uncollectible accounts.On May 3,the Newton Company wrote off the $3,000 uncollectible account of its customer,P.Best.On July 10,Newton received a check for the full amount of $3,000 from Best.On July 10,the entry or entries Newton makes to record the recovery of the bad debt is:
A)

\begin{array}{|l|r|r|}\hline\text { Accounts Receivable - P. Best } & 3,000 & \\\hline \text { Allowance for Doubtful Accounts } & & 3,000 \\\hline \text { Cash } & 3,000 & \\\hline \text { Accounts Receivable - P. Best } & & 3,000\\\hline\end{array}

\begin{array}{|l|r|r|}\hline \text { Cash } & 3,000 & \\\hline \text { Bad Debts Expense } & & 3,000 \\\hline\end{array}

\begin{array}{|l|r|r|}\hline\text { Accounts Receivable - P. Best } & 3,000 & \\\hline \text { Bad Debts Expense } & & 3,000 \\\hline \text { Cash } & 3,000 & \\\hline \text { Accounts Receivable - P. Best } & & 3,000\\\hline\end{array}

\begin{array} { | c | c | c | } \hline \text { Allowance for Doubtful Accounts } & 3,000 & \\\hline \text { Accounts Receivable - P. Best } & & \mathbf { 3 , 0 0 0 } \\\hline \text { Accounts Receivable-P. Best } & 3,000 & \\\hline \text { Cash } & & 3,000 \\\hline\end{array}

\begin{array}{|l|r|r|}\hline \text { Cash } & 3,000 & \\\hline \text { Accounts Receivable - P. Best } & & 3,000 \\\hline\end{array}

Pepsi's Accounts Receivable Turnover Was 9

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