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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.
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