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Dawdy just received word that the customer who has the AR over 90 days past due for $5,000 has gone bankrupt and will not be
Dawdy just received word that the customer who has the AR over 90 days past due for $5,000 has gone bankrupt and will not be paying its bill. Select the two accounts that will be impacted by this write-off. Remember that Dawdy uses an allowance method, not the direct write-off method. Accounts Receivable Revenue Allowance for Uncollectible Accounts Cash Bad Debt Expense Accounts Payable
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