Question
Part 3. The bookkeeper, Amanda Ford, upon her review of the ageing of receivables, recommended the write-off of an account. You as the accountant would
Part 3. The bookkeeper, Amanda Ford, upon her review of the ageing of receivables, recommended the write-off of an account. You as the accountant would have to approve or disapprove this. You have reviewed the recovery plan documents for this receivable and it shows:
Below is the recovery plan document detailing the actions taken by the company to recover the debt. Evaluate each action and indicate whether it is correct or not.
Having examined and evaluated the information given, you are to decide if it is proper to write-off the Sophia Kings long overdue debt. If you decide to approve the write-off, you must indicate your name on the Approved by field and the date on the corresponding field in the write-off report below:
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