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Electric Utilities Services Company uses the direct charge-off method to record uncollectible accounts. On September 10, 20X1, the company learned that Alexander Sanders, a customer
Electric Utilities Services Company uses the direct charge-off method to record uncollectible accounts. On September 10, 20X1, the company learned that Alexander Sanders, a customer who owed $790, had moved and left no forwarding address. Electric Utilities concluded that no part of the debt was collectible. Required: Prepare the general journal entry to write off the account. creat general journnal
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