Multiple Choice
Under the direct write- off method, a customer who doesn't pay their bills is written off with what journal entry?
A) Debit Lost revenue and credit Accounts receivable
B) Debit Accounts receivable and credit Bad debts expense
C) Debit Bad debts expense and credit Cash
D) Debit Bad debts expense and credit Accounts receivable
Correct Answer:

Verified
Correct Answer:
Verified
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