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. the entry or entries gideon makes to record the write off of the account on may 3 is:
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