Question: 14A. Allowance Method versus Direct Write-Off Method On March 10, Mize, Inc., declared a $2,200 L count receivable from Anders Company 18, Mize received a

14A. Allowance Method versus Direct Write-Off Method On March 10, Mize, Inc., declared a $2,200 L count receivable from Anders Company 18, Mize received a $900 payment on the account from Anders. ASsume that Mize uses the allowance method of handling credit losses. Prepare the journal en- tries to record the write-off and the subsequent recovery of Anders's account. hAssume that Mize uses the direct write-off method of handling credit losses. Prepare the journal entries to record the write-off and the subsequent recovery of Anders's account. Assume that the payment from Anders arrives on the following February 5, rather than on No- vember 18 of the current year. (1) Prepare the journal entries to record the write-off and subse- quent recovery of Anders's account under the allowance method. (2) Prepare the journal entries to record the write-off and subsequent recovery of Anders's account under the direct write-off method as uncollectible and wrote off the account. On November (A C

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