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QS 7 - 2 ( Algo ) Direct write - off method LO P 1 Solstice Company determines on October 1 that it cannot collect

QS 7-2(Algo) Direct write-off method LO P1
Solstice Company determines on October 1 that it cannot collect $63,000 of its accounts receivable from its customer, P. Moore. Apply the direct write-off method to record this loss as of October 1.
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