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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: When a company is using the direct write-off method, and an account is written off, the journal ...
Post by: H3Ko on Aug 29, 2016
When a company is using the direct write-off method, and an account is written off, the journal entry consists of a ________.
A) debit to Accounts Receivable and a credit to Cash
B) debit to the Allowance for Bad Debts and a credit to Accounts Receivable
C) credit to Accounts Receivable and a debit to Interest Expense
D) credit to Accounts Receivable and a debit to Bad Debts Expense


Title: Re: When a company is using the direct write-off method, and an account is written off, the journal ...
Post by: .unplugged. on Aug 29, 2016
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Title: Re: When a company is using the direct write-off method, and an account is written off, the journal ...
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much