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Green Bay Corporation Used the Allowance Method to Account for Uncollectible

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Green Bay Corporation used the allowance method to account for uncollectible accounts expense.On June 20,2012,Green Bay wrote off an uncollectible account in the amount of $3,000.On September 1,2012,the account was collected.How would the appropriate entries on September 1 affect the financial statements? Green Bay Corporation used the allowance method to account for uncollectible accounts expense.On June 20,2012,Green Bay wrote off an uncollectible account in the amount of $3,000.On September 1,2012,the account was collected.How would the appropriate entries on September 1 affect the financial statements?

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