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A customer owes a business $650 and makes a partial payment of $200. The remainder is considered uncollectible. The business uses the direct write-off method.
A customer owes a business $650 and makes a partial payment of $200. The remainder is considered uncollectible. The business uses the direct write-off method. The journal entry to show the receipt of cash and the write off of the account will cause Bad Debts Expense to a. increase by $200. b. decrease by $450. c. increase by $450. d. decrease by $200
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