13. GHI Company uses the direct write-off method of accounting for uncollectible accounts receivable. On December 6. Year 1, the company sold $6,300 of merchandise to the Customer Z on credit. On August 8, Year 2, after numerous attempts to collect the account, the controller at GHI determined that the account of Customer Z was uncollectible. Using the T-account below, prepare the following entries as needed: Sale of $6,300 of merchandise on credit to Customer Z on 12/6/year 1 b. Determination that the account is not collectible on 8/8/year 2. a. EQUITY ASSETS Property Plant & Equipment Intangible Assets/Other LIABILITIES Non- Current Current Liabilities Liabilities Contributed Capital Current Assets Investments Eamed Capital C. Assuming that the $6,300 is material, explain how the direct write-off method violates the expense recognition principle