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are these direct write off or allowance method and are they recovery or recording a write off? 1) assume a business records a journal entry
are these direct write off or allowance method and are they recovery or recording a write off? 1) assume a business records a journal entry that debits bad debt expense and credits accounts receivable? 2) assume a business records a journal entry that debits bad debt expense and credits allowance for doubtful accounts. 3) assume a business records a journal entry that debits accounts receivable and credits bad debt expense. 4) assume a business records a journal entry that debits accounts receivable and credits allowance for doubtful accounts. 5) assume a business records a journal entry that debits allowance for doubtful accounts and credits accounts receivable. 6) assume a business records a journal entry that debits allowance for doubtful accts and credits bad debt expense 7) assume a business records a journal entry that debits accounts receivable and credits notes receivable. ^ is this a note honored or dishonored at maturity?
1) assume a business records a journal entry that debits bad debt expense and credits accounts receivable?
2) assume a business records a journal entry that debits bad debt expense and credits allowance for doubtful accounts.
3) assume a business records a journal entry that debits accounts receivable and credits bad debt expense.
4) assume a business records a journal entry that debits accounts receivable and credits allowance for doubtful accounts.
5) assume a business records a journal entry that debits allowance for doubtful accounts and credits accounts receivable.
6) assume a business records a journal entry that debits allowance for doubtful accts and credits bad debt expense
7) assume a business records a journal entry that debits accounts receivable and credits notes receivable.
^ is this a note honored or dishonored at maturity?
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