Business, 24.03.2020 00:02 Citatstuo

If an account is collected after having been previously written off:
a. the allowance account should be debited
b. only the control account needs to be credited
c. both income statement and balance sheet accounts will be affeted
d. there will be both a debit and a credit to accounts receivable

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If an account is collected after having been previously written off:
a. the allowance account...

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