Business, 11.03.2020 17:08, xxqueencandy47001

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10, Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is:

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Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gid...