Entries to write offaccounts receivable

Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an account owed by a customer, Wil Treadwell.

On December 31, journalize the entry to record the write-off, assuming that (a) thedirect write-off methodis used and (b) theallowance methodis used. Refer to the Chart of Accounts for exact wording of account titles.

Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an account owed by a customer, Wil Treadwell.

On December 31, journalize the entry to record the write-off, assuming that (a) thedirect write-off methodis used and (b) theallowance methodis used. Refer to the Chart of Accounts for exact wording of account titles.

X

Journal

(a) On December 31, journalize the entry to record the write-off, assuming that thedirect write-off methodis used. Refer to the Chart of Accounts for exact wording of account titles.

Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an account owed by a customer, Wil Treadwell.

On December 31, journalize the entry to record the write-off, assuming that (a) thedirect write-off methodis used and (b) theallowance methodis used. Refer to the Chart of Accounts for exact wording of account titles.

X

Journal

(a) On December 31, journalize the entry to record the write-off, assuming that thedirect write-off methodis used. Refer to the Chart of Accounts for exact wording of account titles.

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(b) On December 31, journalize the entry to record the write-off, assuming that theallowance methodis used. Refer to the Chart of Accounts for exact wording of account titles