Jost paid the amount previously written off


On december 31 2009 when it's allowance for doubtful accounts had a credit balance of $1500 leeds company estimates that &% of its accounts receivable balance of $95,000 will become uncollectible. On March 3 2010 Leeds Company determined that Megan Jost's account of $950 was uncollectible. On May 15 2010, Jost paid the amount previously written off.

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Accounting Basics: Jost paid the amount previously written off
Reference No:- TGS0706366

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