Exs-18 tntien fer bad debt espesse under the direct wrive-off and Decenter 31 aliew ance methods year endey thecemiket ifi c. Huw much higher dowert wiuld seafirth feserwationaf ne incume have beell under EX 9-18 Entries for bad debt expense under the direct write-off and allowance methods OBS. 5 Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31 : The company prepared the following aging schedule for its accounts receivable on December 31 : a. Journalize the write-offs under the direct write-off method. b. Journalize the write-offs and the year-end adjusting entry under the allowance method, assuming that the allowance account had a beginning credit balance of $95,000 on January 1 and the company uses the analysis of receivables method. c. How much higher (lower) would Seaforth International's net income have been under the allowance method than under the direct write-off method