A company uses the direct write-off method and discovers a customer's account in the amount of $3,000 will not be paid because the customer has declared bankruptcy.What is the journal entry that would be made to record this write-off?
A)Option A
B)Option B
C)Option C
D)Option D

Question

A company uses the direct write-off method and discovers a customer's account in the amount of $3,000 will not be paid because the customer has declared bankruptcy.What is the journal entry that would be made to record this write-off? 
A)Option A 
B)Option B 
C)Option C 
D)Option D

Quizplus · Accepted Answer

The Answer of A company uses the direct write-off method and discovers a customer's account in the amount of $3,000 will not be paid because the customer has declared bankruptcy.What is the journal entry that would be made to record this write-off? 
A)Option A 
B)Option B 
C)Option C 
D)Option D

A Company Uses the Direct Write-Off Method and Discovers a Customer's