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A. Give the general journal entries required to record the April 1 and August 6 transactions for Alice Company, assuming the direct write-off method is

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A. Give the general journal entries required to record the April 1 and August 6 transactions for Alice Company, assuming the direct write-off method is used. B. Give the general journal entries required to record the April 1 and August 6 transactions for Alice Company, assuming the allowance method is used. C. Short Answer 1. What two disadvantages are associated with the direct write off method? 2. Under what conditions can a corporation use the direct write off method for accounting purposes? 3. Under the allowance method, if the cash realizable value of the accounts receivable is $88, 000 before the April 1 write-off transaction, what is the cash realizable value of the accounts receivable after the April 1write-off entry is posted

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