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Charles and Charms, a merchandiser, has an account receivable for $125 which they now decide is uncollectible. The merchandiser uses the direct write-ofT method. Which

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Charles and Charms, a merchandiser, has an account receivable for $125 which they now decide is uncollectible. The merchandiser uses the direct write-ofT method. Which of the following entries is required to record the write-ofl? Bad Debts Expense 12 Accounts Reccivable 12 12 Accounts Receivable 12 lowance for Bad Debts 12 Accounts Receivable 12 ounts Receivable Bad Debts Expense 12

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