Question and answer
A firm using the allowance method to provide for losses from uncollectible accounts collected the cash due from a customer whose account was previously written off. The entry to reinstate the
customer's account included a credit to Sales. Accounts Receivable. Uncollectible Accounts Expense. Allowance for Doubtful Accounts.
A firm using the allowance method to provide for losses from uncollectible accounts collected the cash due from a customer whose account was previously written off. The entry to reinstate the customer's account included a credit to Allowance for Doubtful Accounts.
Get an answer
Original conversation
User: A firm using the allowance method to provide for losses from uncollectible accounts collected the cash due from a customer whose account was previously written off. The entry to reinstate the customer's account included a credit to Sales. Accounts Receivable. Uncollectible Accounts Expense. Allowance for Doubtful Accounts.

Weegy: Accounts Receivable
Evoere|Points 60|

Question
Asked 10/21/2012 4:04:43 PM
Updated 10/21/2012 4:24:18 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by debnjerry
New answers
Rating
3
A firm using the allowance method to provide for losses from uncollectible accounts collected the cash due from a customer whose account was previously written off. The entry to reinstate the customer's account included a credit to Allowance for Doubtful Accounts.
Added 10/21/2012 4:24:19 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by sujaysen [2/27/2014 12:47:48 PM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
. The balance of the Allowance for Doubtful Accounts account is reported as (Points : 5) a liability on the balance sheet. a deduction from Sales on the income statement. a deduction from Accounts Receivable on the balance sheet. an expense on the income statement.
Weegy: 3. Fees Income and John Smith, Capital (More)
Question
Updated 271 days ago|5/12/2015 2:02:23 PM
1 Answer/Comment
The balance of the Allowance for Doubtful Accounts account is reported as: a deduction from Accounts Receivable on the balance sheet.

Added 271 days ago|5/12/2015 2:02:22 PM
This answer has been added to the Weegy Knowledgebase
23,851,573 questions answered
Popular Conversations
Which word has a more negative connotation for the sentence ...
Weegy: We bought __________________ souvenirs at the amusement park: a. inexpensive. User: The dictionary meaning ...
2/7/2016 8:01:03 AM| 3 Answers
Both species benefit in the type of symbiosis called parasitism.
Weegy: Both species benefit in the type of symbiosis called parasitism. FALSE. User: Mutualism, commensalism, and ...
2/7/2016 9:25:53 AM| 3 Answers
You don't really approve of the idea of political parties. However, ...
Weegy: You don't really approve of the idea of political parties. However, you're known as a Federalist and are soon ...
2/7/2016 1:00:15 AM| 2 Answers
An organism’s particular role in its habitat, or how it makes its ...
Weegy: An organism's particular role in its habitat, or how it makes its living, is called its niche. User: An ...
2/7/2016 9:17:59 AM| 2 Answers
Weegy Stuff
S
Points 219 [Total 616] Ratings 0 Comments 219 Invitations 0 Offline
S
P
P
Points 142 [Total 949] Ratings 0 Comments 142 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
Points 106 [Total 11279] Ratings 0 Comments 106 Invitations 0 Offline
S
L
P
Points 46 [Total 2114] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 27 [Total 37] Ratings 0 Comments 27 Invitations 0 Offline
S
Points 4 [Total 904] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
R
Points 2 [Total 438] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 2] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)