Entries for bad debt expense under the direct write-off and allowance methods Seaforth Intemational wrote off the following accounts recelvable as uncollectible for the year ending Decembar 31 : The company prepared the following aging schedule for its accounts recelvable on December 31 : a. Joumalize the write-ofts under thie direct write-off method. If an amouint box does not require an entry, leave it olank: a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it blank. Itrnithas F CheokMy, Wat Under the dirett write-oft method, Bad Debt Expense is recorded when the customer's acchunt is decermined to be worthless and written-off, There is no adjusting entry at year-end to record estimated bad debt. b. Journalize the write-offs and the year-end adfusting entry under the allowance method, assuming that the allowance account had a beginging balance of $92,750 an the company uses the analysis of recelvables method. If an amount box does not require an entry, leave it blank. c. How much higher (lower) would Seaforth International's net income have been under the allowance method than under the direct write-aff methed