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What is the journal entry to record the recovery

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Q1) What is the journal entry to record the recovery of a previously written off an AR under the allowance method?

Q2) What type of account is the allowance for uncollectible accounts and what is its normal balance?

Q3) What is the entry to record an increase in the Allowance for Uncollectible Accounts?

Q4) What are the 2 ways to estimate the amount that should be estimated as uncollectible account expense?

Reference no: EM132681649

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