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Book Hint Ask Print erences Texas Utilities Services Company uses the direct charge-off method to record uncollectible accounts. On September 10, 20X1, the company learned
Book Hint Ask Print erences Texas Utilities Services Company uses the direct charge-off method to record uncollectible accounts. On September 10, 20X1, the company learned that Earnest Anderson, a customer who owed $1,680, had moved and left no forwarding address. Texas Utilities concluded that no part of the debt was collectible. Required: Prepare the general journal entry to write off the account. View transaction list Journal entry worksheet
Texas Utilites Services Company uses the direct charge-off method to record uncollectible accounts. On September 10, 20x1, the company learned that Earnest Anderson, a customer who owed $1,680, had moved and left no forwarding address. Texas Utilities concluded that no part of the debt was collectible. Required: Prepare the general journal entry to write off the account. Journal entry worksheet Record the entry to partially reverse September 10, 201 entry writing off this account. Note: Enter debits before creditsStep by Step Solution
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