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Entries to Write Off Accounts Receivable Capstone Solutions Company, a computer consuiting firm, has decided to write off the $45,800 balance of an account owed

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Entries to Write Off Accounts Receivable Capstone Solutions Company, a computer consuiting firm, has decided to write off the $45,800 balance of an account owed by a customer, Philadelphia Inc. a. Journalize the entry to record the write-off, assuming that the direct write-off method is used. If an amount box does not require an entry, leave it blank. Feedback Check My Work Remember that under the direct write-off method, Bad Debt Expense is not recorded until the customer's account is delermined to be worthless. b. Journalize the entry to record the write-off, assuming that the allowance method is used. If an amount bo: does not require an entry, leave it blank. Feedback T Check My Work

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