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Which of the following is the correct entry to write off a receivable if you are using the direct write off method? a. Accounts receivable
Which of the following is the correct entry to write off a receivable if you are using the direct write off method?
a. Accounts receivable xx
Allowance for doubtful accounts xx
b. Bad debt expense xx
Allowance for doubtful accounts xx
c. Bad Debt Expense xx
Accounts receivable xx
d. Accounts Receivable xx
Bad debt expense xx
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