Credit to allowance for doubtful accounts

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An account written off in the prior year is to be reinstated. The company uses the allowance method for uncollectibles. The journal entry will require a debit to Bad Debts Expense and a credit to Allowance for Doubtful Accounts. Accounts Receivable and a credit to Bad Debts Expense. Allowance for Doubtful Accounts and a credit to Accounts Receivable. Accounts Receivable and a credit to Allowance for Doubtful Accounts.

Reference no: EM131212869

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