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1.During the year a customer's account for $5,000 from a prior year was deemed uncollectable. Show the journal entry would look if the company used
1.During the year a customer's account for $5,000 from a prior year was deemed uncollectable. Show the journal entry would look if the company used the direct write off method and if they used the Allowance for Doubtful Accounts Method (10 pts)
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