Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 24

Entries to write off accounts receivable
Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an account owned by a customer, Wil Treadwell. Journalize the entry to record the write-off, assuming that (A) the direct write-off method is used and (B) the allowance method is used.