Question: Anchor.com, a computer consulting firm, has decided to write off the $7,130 balance of an account owed by a customer. Journalize the entry to record

Anchor.com, a computer consulting firm, has decided to write off the $7,130 balance of an account owed by a customer. Journalize the entry to record the write-off,

(a) Assuming that the allowance method is used

(b) Assuming that the direct write-off method is used.

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