During the year a customer’s account for $5,000 from a prior year was deemed uncollectable.

Published by admin at August 11, 2023

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1. During the year a customer’s account for $5,000 from a prior year was deemed uncollectable. Show the journal entry would look if the company used the direct write off method and if they used the Allowance for Doubtful Accounts Method (10 pts)

During the year a customer’s account for $5,000 from a prior year was deemed uncollectable.

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