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Quantum Solutions Company, a computer consulting firm, has decided to write off the exist33, 550 balance of an account owed by a customer, Alliance Inc.

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Quantum Solutions Company, a computer consulting firm, has decided to write off the exist33, 550 balance of an account owed by a customer, Alliance Inc. Journalize the entry to record the write-off, assuming that (a) the direct write-off method is used and (b) the allowance method is used

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