Question: Crim canill | | | | | ini | | | | | | | | | | | | | | | | 4

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Multiple Choice Question
On August 1, Hanes Co. determines that it cannot collect $150 from a customer. Hanes uses the direct write-off method. Hanes will recoed the write-off of this account by debiting:
Cash for $150.
Accounts Receivable for $150.
Bad Debts Expense for $150.
Allowance for Doubtful Accounts for $150.
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