When an account previously written off is later collected, two journal entries are required. The first journal entry is to the account, and the second journal entry is to record of payment.

An entry to reinstate the account receivable and an entry to record payment

Explanation:

When an account previously written off is later collected, two journal entries are required. The first journal entry is to REINSTATE the account, and the second journal entry is to record ENTRY of payment.

answer; the above statement is (false);