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At the end of 2021. Worthy Co's balance for Accounts Receivable is $23,000, while the company's total assets equal $1,530,000. In addition, the company expects
At the end of 2021. Worthy Co's balance for Accounts Receivable is $23,000, while the company's total assets equal $1,530,000. In addition, the company expects to collect all of its receivables in 2022. In 2022, however, one customer owing $3,500 becomes a bad debt on March 14 Record the write off of this customer's account in 2022 using the direct write-off method. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet Record the write off of this customer's account in 2022 using the direct write off method. nces Note: Enter debits before credits General Journal Debit Credit Date March 14 2022 Record entry Clear entry View general joumal
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