ahmadsahi7934 ahmadsahi7934
  • 13-02-2020
  • Business
contestada

Houff Company uses the allowance method to account for uncollectible accounts. An account that had been previously written-off as uncollectible was recovered. How would the recovery affect the company's accounting equation?

Respuesta :

KaylinPeterson
KaylinPeterson KaylinPeterson
  • 13-02-2020

Answer:

Have no effect on assets, liabilities or equity.  

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