On August 18th, TAB Company determines a customer's accounts receivable balance of $1,880 should be...
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Accounting
On August 18th, TAB Company determines a customer's accounts receivable balance of $1,880 should be written off as a bad debt. Choose the correct journal entry TAB company needs to record in it's accounting records to write off the uncollectible account receivable balance if they use the direct write off method to account for bad debts? Date Account Titles Debit Credit Aug 18 Allowance for Doubtful Accounts 1,880 Bad Debt Expense 1,880 to write off account receivable Date Account Titles Debit Credit Aug 18 Bad Debt Expense 1,880 Accounts Receivable 1,880 to write off account receivable Date Account Titles Debit Credit Aug 18 Accounts Receivable 1,880 Bad Debt Expense 1,880 to write off account receivable No answer text provided. Account Titles Debit Credit Date 1,880 Aug 18 Bad Debt Expense Allowance for Doubtful AcCounts 1,880 to write off account receivable
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