Business, 31.12.2019 05:31, neylabaker7489

At the end of 2021, worthy co.’s balance for accounts receivable is $11,000, while the company’s total assets equal $1,410,000. in addition, the company expects to collect all of its receivables in 2022. in 2022, however, one customer owing $2,600 becomes a bad debt on march 14.
1. record the write off of this customer’s account in 2022 using the direct write-off method. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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At the end of 2021, worthy co.’s balance for accounts receivable is $11,000, while the company’s tot...