When the firm received a notice from a customer that he is not able to make...

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When the firm received a notice from a customer that he is not able to make the payment, the firm decides to write off the ac

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Answer 1

Answer #1

c. Debit- Bad Debt Expense, Credit- Allowance for Uncollectible Receivables.

General Journal	Debit	Credit
Bad Debt Expense	XXX
Allowance for Uncollectible Receivables		XXX

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Answer 2

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