Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an

Question:

Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance of an account owed by a customer, Wil Treadwell. Journalize the entry to record the write-off, assuming that
(a) The direct write-off method is used
(b) The allowance method is used.