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Quantum Solutions Company, a computer consulting firm, has decided to write off the $33,550 balance of an account owed by a customer. Alliance Inc. Required:

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Quantum Solutions Company, a computer consulting firm, has decided to write off the $33,550 balance of an account owed by a customer. Alliance Inc. Required: On March 1, joumatre the entry to record the write-off, assuming that (a) the direct write-off method is used and (b) the allowance method is used. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts CHART OF ACCOUNTS Quantum Solutions Company General Ledger ASSETS 110 Cash 111 Petty Cash 121 Accounts Receivable Alliance Inc 129 Allowance for Doubtful Accounts REVENUE 410 Sales 610 Interest Revenue EXPENSES Check My Work 2 more Check My Work uses remaining. Next All work saved. Email instructor Save and Exit Submit Assignment for Grading Journal On March 1. lournakze the entry to record the write-o, assuming that the direct write-off method is used. Refer to the Chart of Accounts ford titles. JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT ASSETS (b) on March 1, journalize the entry to record the write-off, assuming that the allowance method is used. Refer to the Chart of Accounts for exac JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT ASSETS Check My Work 2 more Check My Work uses remaining. Next All work saved. (b) on March 1, journalize the entry to record the write-off, assuming that the allowance method is used. Refer to the Chart of Accounts for exac JOURNAL ACC DESCRIPTION POST. REF D EBIT CREDIT ASSETS Check My Work 2 more Check My Work uses remaining. Next > All work saved. Email Instructor Save and Exit Submit Assignment for Grading

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