Kiara Inc. follows the direct write-off method of accounting for bad debts expense. The total revenue for the year is $600,000, but the company could collect only $580,000; the rest were uncollectible. What is the journal entry to record the accounting treatment of the bad debt expense by Kiara Inc.?

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The Answer of Kiara Inc. follows the direct write-off method of accounting for bad debts expense. The total revenue for the year is $600,000, but the company could collect only $580,000; the rest were uncollectible. What is the journal entry to record the accounting treatment of the bad debt expense by Kiara Inc.?

Kiara Inc Follows the Direct Write-Off Method of Accounting for Bad