Ariellyvz3706 Ariellyvz3706

12-08-2020
Business

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Under the allowance method, when writing off an account receivable, the journal entry to record the write-off includes a credit to:

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topeadeniran2 topeadeniran2

17-08-2020

Answer: credit to Accounts Receivable

Explanation:

Accounts Receivable is the payment that a particular company will get from the customers who have bought the company's product or services on credit.

Under the allowance method, when writing off an account receivable, the journal entry to record the write-off includes a credit to account receivables.

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