XXIV. Referring to question #XXIV, assume the customer pays Two-Tall after the discount period. Record the receipt of payment by Two-Tall. XXV. Slice, Inc. uses the direct write-off method regarding bad debts. Its customer, JT, Inc. went out of business owing Slice, Inc. $988. Record the write-off using the direct write-off method. I XXVI. Referring to question XXVI, assume Slice, Inc. uses the allowance method to write off bad debt. Record the journal entry to write of IT's bad debt