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a. Journalize the transactions under the direct write-off method. Rustic Tables Company prepared the following aging schedule for its accounts receivable: Required: a. Journalize the
a. Journalize the transactions under the direct write-off method. Rustic Tables Company prepared the following aging schedule for its accounts receivable: Required: a. Journalize the transactions under the direct write-off method. b. Journalize the transactions under the allowance method, assuming that the allowa b. Journalize the transactions under the allowance method, assuming that the allowance account had a beginning balance of $35,000 and the company uses the analysis of method. c. How much higher (lower) would Rustic Tables' net income have been under the direct write-off method than under the allowance method
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