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Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer, P. Moore. Apply the direct write off
Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer, P. Moore. Apply the direct write off method to record this loss as of October 1 View transaction list Journal entry worksheet > Record the write off an account. Note Enter debits before credits Debit Credit Date Oct 01 Accounts payable-P. Moore Accounts receivable - Moore Allowance for doubtful accounts Bad debts expense CA Bordet VELODROM
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