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 54 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 54 days ago|5/12/2015 2:02:22 PM
This answer has been added to the Weegy Knowledgebase
21,559,789 questions answered
Popular Conversations
Write the equivalent fraction and percent for 0.28. User: Write the ...
Weegy: What is the ratio? User: write the fraction 5/7 as a percent
7/5/2015 3:50:39 PM| 3 Answers
Which of the following was NOT a characteristic trait of Mao's ...
Weegy: Maoism is his philosophy. link to it : [ ] User: Which of the following was NOT a characteristic trait of ...
7/5/2015 1:41:46 PM| 2 Answers
The cost of goods sold divided by the average inventory equals the ...
Weegy: Cost of merchandise sold equals beginning inventory : Plus net purchases less ending inventory. User: ...
7/5/2015 3:12:36 PM| 2 Answers
Weegy Stuff
S
1
L
P
1
1
Points 147 [Total 1553]| Ratings 1| Comments 137| Invitations 0|Online
S
1
Points 142 [Total 653]| Ratings 0| Comments 142| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 52 [Total 9581]| Ratings 0| Comments 52| Invitations 0|Offline
S
Points 32 [Total 32]| Ratings 1| Comments 22| Invitations 0|Offline
S
1
L
L
Points 24 [Total 8404]| Ratings 0| Comments 24| Invitations 0|Offline
S
R
Points 8 [Total 210]| Ratings 0| Comments 8| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
S
Points 1 [Total 44]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.