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Question 38 1 pts What journal entries should be recorded when a customer calls the company to notify them that they won't be able to
Question 38 1 pts What journal entries should be recorded when a customer calls the company to notify them that they won't be able to pay the amount they on their receivables and the company becomes aware that the the receivable balance is no longer collectible. (Pay close attention to the method specified). 1. DWO Method - (Give the journal entry for this method. If no Journal Entry indicate "No Journal Entry") 2. Allowance Method - (Give the journal entry for this method. If no Journal Entry indicate "No Journal Entry")
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