On March 13, a company writes off a customer's account of $3,800. On June 3, the customer unexpectedly pays the $3,800 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3.

What will be an ideal response?



March 13??
Allowance for Uncollectible Accounts3,800?
  Accounts Receivable?3,800
June 3??
Accounts Receivable3,800?
  Allowance for Uncollectible Accounts?3,800
Cash3,800?
  Accounts Receivable?3,800

Business

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