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Ex.(9-5)Acropolis Company, a computer consulting firm, has decided to write off the$12,950 balance of an account owed by a customer, Aaron Guzman. Journalizethe entry to record the write-off, assuming that (a) the direct write-off method isused and (b) the allowance method is used.
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Accounting, Generally Accepted Accounting Principles, AARON GUZMAN