Question: need help asap What is the journal entry for bad debt expense under the allowance method? Select one: a. Debit Bad Debt Expense, Credit Allowance
need help asap
What is the journal entry for bad debt expense under the allowance method? Select one: a. Debit Bad Debt Expense, Credit Allowance for Doubtful Accounts b. Debit Allowance for Doubtful Accounts, Credit Bad Debt Expense c. Debit Allowance for Doubtful Accounts; Credit Accounts Receivable d. Debit Accounts Receivable, Credit Allowance for Doubtful Accounts
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