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H3Ko H3Ko
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7 years ago
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
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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