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The bookkeeper recorded the following journal entry Allowance for Doubtful Accounts 1500 Accounts Receiva ble Ayayai 1500 Which one of the following statements is false?

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The bookkeeper recorded the following journal entry Allowance for Doubtful Accounts 1500 Accounts Receiva ble Ayayai 1500 Which one of the following statements is false? There should be written authorization for this transaction from someone who does not have responsibilities related to recording cash There could be a violation of internal control policies. Ayayai' account was written off because it was determined to be uncollectible. This entry is only prepared on the last day of the accounting period

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