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n August 1, Hanes Co. determines that it cannot collect $150 from a customer. Hanes uses the direct write-off method. Hanes will record the write-off
n August 1, Hanes Co. determines that it cannot collect $150 from a customer. Hanes uses the direct write-off method. Hanes will record the write-off of this ccount by debiting: Accounts Receivable for $150. O Cash for $150. O Allowance for Doubtful Accounts for $150. Bad Debts Expense for $150
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