Scot and Tiffany create an implied-in-fact contract. The parties’ conduct:

a. Demonstrates the existence of the contract and its terms.
b. Is not relevant to confirming the contract’s performance.
c. Is not relevant to the contract’s terms.
d. None of the above

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