In the direct write-off method. TechCom determines on January 23 that it cannot collect $5000 owed to it by its customer J. Kent. So it should make the following entry:Bad Debt Expense 5000 Accounts Receivable 5000
In the direct write-off method. TechCom determines on January 23 that it cannot collect $5000 owed to it by its customer J. Kent. So it should make the following entry:Bad Debt Expense 5000 Accounts Receivable 5000
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