Question 1 1 pts The process of removing a specific customer's accounts receivable balance from the company's books when the debt is judged to be uncollectible, is known as a write-off None of the other answers is correct. O an allowance. a recovery. Question 2 1 pts In a periodic inventory system when is the cost of goods sold recorded? O As a closing entry None of the other answers is correct. Cost of goods sold is not recorded in a periodic system. Only after a physical inventory count is done. Every time an item is sold to a customer