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On February 1, a customer's account balance of $2,300 was deemed to be uncollectible. What entry should be recorded on February 1 to record
On February 1, a customer's account balance of $2,300 was deemed to be uncollectible. What entry should be recorded on February 1 to record the write-off assuming the company uses the ?allowance method :Select one a. Debit Accounts Receivable $250; credit Allowance for Doubtful .Accounts $2,300 b. Debit Allowance for Doubtful Accounts $2,300; credit Accounts .Receivable $2,300 c. Debit Allowance for Doubtful Accounts $2,300; credit Bad Debts .Expense $2,300 d. Debit Bad Debts Expense $2,300; credit Allowance for Doubtful .Accounts $2,300 e. Debit Bad Debts Expense $2,300; .credit Accounts Receivable $2,300
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