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Direct Write off Method.docx - QS 9-2 Direct write-off...

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QS 9-2 Direct write-off method LO P1Solstice Company determines on October 1 that it cannot collect $61,000 ofits accounts receivable from its customer P. Moore. Apply the direct write-offmethod to record this loss as of October 1.
QS 9-3 Recovering a bad debt LO P1Solstice Company, which uses the direct write-off method,determines onOctober 1 that it cannot collect $59,000 of its accounts receivable from itscustomer P. Moore. On October 30, P. Moore unexpectedly paid his account infull to Solstice Company.Record Solstice’s entries to reflect recovery of this bad debt.

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Term
Summer
Professor
Dr Patrick Ajwang
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