Under the allowance method of accounting for credit losses, the entry to write off a specific account:

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When a specific account receivable should be written off and removed from a company's balance sheet, the following entry is made:
Allowance for Doubtful accounts XXX
$\quad $ $\quad $ $\quad $ $\quad $ $\quad $ Accounts receivable XYZ Company XXX
To write off the XYZ Company's account receivable
The journal entry to write off an account receivable does not affect a company's net income or total assets.

Under the Allowance Method of Accounting for Credit Losses, the Entry