Exercise 9-3 Direct write-off method LO P1 Dexter Company applies the direct write-off method in accounting for uncollectible accounts. March11 Dexter determines that...

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Exercise 9-3 Direct write-off method LO P1

Dexter Company applies the direct write-off method in accounting for uncollectible accounts.

March	11	Dexter determines that it cannot collect $45,000 of its accounts receivable from its customer Lester Company.
	29	Lester Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt.

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