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Entries for Bad Debt Expense under the Direct Write-Off and Allowance Method Casebolt Company wrote off the following accounts receivable as uncollectible for the first

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Entries for Bad Debt Expense under the Direct Write-Off and Allowance Method Casebolt Company wrote off the following accounts receivable as uncollectible for the first year of its operations ending December 31: Customer Shawn Brooke Eve Denton Art Malloy Cassie Yost Amount $15,900 14,800 20,400 3,800 54,900 Total a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it blank. lize the write-offs under the allowance method. Also, journalize the adjusting entry for uncollectible accounts. The company recorded nd industry averages, 1-1/4% of credit sales are expected to be uncollectible. If $5,280,000 of credit sales during the year. Based on past history a an amount box does not require an entry, leave it blank Write-of Previous Ned Check My Work Save and Exit Su bmit Assignment for Grading

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