Joe is a customer of bobble inc which uses the allowance


Question - Joe is a customer of Bobble, Inc. which uses the allowance method to account for uncollectible accounts. The company wrote off his account of $2,000 on March 15. On June 11, he sent in a payment of $800. What will Bobble, Inc. record first to reinstate his account?

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Accounting Basics: Joe is a customer of bobble inc which uses the allowance
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