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Train 9-Three Direct write-off methodology LO P1

Dexter Firm applies the direct write-off methodology in accounting for uncollectible accounts.March11

Dexter determines that it can not gather $45,000 of its accounts receivable from its buyer Lester Firm.

 29 Lester Firm unexpectedly pays its account in full to Dexter Firm. Dexter information its restoration of this dangerous debt.Get accounting project homework assist