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Q3: - What are the entries for the direct write-off method of AR? - What are the entries for the allowance method of AR? -
Q3:
- What are the entries for the direct write-off method of AR?
- What are the entries for the allowance method of AR?
- How do we calculate the bad debt allowance using each of these methods:
- Percent of Sales
- Percent of Receivables
- Aging of Receivables
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