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Question 42 (4 points) To use the direct write-off method of accounting for bad debts, the proper journal entry would be a) Dr. Bad Debt
Question 42 (4 points) To use the direct write-off method of accounting for bad debts, the proper journal entry would be a) Dr. Bad Debt Expense Cr. Accounts Receivable b) Dr. Bad Debt Expense Cr. Allowance for Doubtful Account c) Dr. Accounts Receivable Cr. Bad Debt Expense d) Dr. Allowance for Doubtful Account Cr. Accounts Receivable
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