=+Tech Savvy, a computer consulting firm, has decided to write off the $8,375 balance of an account
Question:
=+Tech Savvy, a computer consulting firm, has decided to write off the $8,375 balance of an account owed by a customer, Nick Wadle. Journalize the entry to record the writeoff, assuming that
(a) the direct write-off method is used and
(b) the allowance method is used.
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