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On 2 nd June 2020, the management of DFF Co. authorizes a write-off of the $5500 balance owed by R. A. Furniture. The entry torecordthe
On 2ndJune 2020, the management of DFF Co. authorizes a write-off of the $5500 balance owed by R. A. Furniture. The entry torecordthe write-off under the allowance method is:
Select one:
a.Accounts receivable-R.A Furniture 5,500
Crcash5,500
b.Bad debtsexpense 5,500
Allowance for doubtful account5,500
c.Bad debtsexpense 5,500
Accounts receivable R.A. Furniture 5,500
d.Allowance of doubtful account 5,500
Accounts receivable R.A. Furniture 5,500
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