a. On December 31, journalize the write-offs under the direct write-off method. b. On December 31, journalize the write-offs and the year-end adjusting entry under the allowance method, assuming that the allowance account had a beginning balance of $87,950 and the company uses the analysis of receivables. c. How much higher (lower) would Seaforth Internationals net income have been under the allowance method than under the direct write-off method?

Seaforth Interrationat wrote of the following accounts receivable as uncolectible for the year ending December 31: The company prepared the following aging schedule for is accounts receivable on Decerhber 31 : b. On December 31, fournatre the write-olts and the year-end acfusting enty under the allowance method, assuming that me allowince account had a boginning balance of s87,950 c. How much higher (lower) would Seaforth international's net income have been under the allowance method than under the direct writo-aff method? by