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Use the Account Code Numbers to Identify How the Following

Question 107

Short Answer

Use the account code numbers to identify how the following transactions would be journalized.
[1] Accounts Receivable
[2] Allowance for Doubtful Accounts
[3] Cash
[4] Bad Debts Recovered
[5] Bad Debts Expense
-Wrote off an account using the direct write off method.
Debit account ________ Credit account ________

Correct Answer:

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