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At the end of 2024, Garcia Compary's balance for Accounts Receivable is $14,000, while the company's total assets equal $1,440,000. In addition, the company expects
At the end of 2024, Garcia Compary's balance for Accounts Receivable is $14,000, while the company's total assets equal $1,440,000. In addition, the company expects to collect all of its receivables in 2025. In 2025, however, one customer owing $4,100 becomes a bad debt on March 14 Record the write off of this customer's account in 2025 using the direct write-off method. (If no entry is required for o porticulor transoction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the write off of this customer's account in 2025 using the direct write otf method. Rotei Enteridebits belore credits
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