QS $7-5($Algo$)$ Comparing direct write$-$off and allowance method entries LO P$1,$ P$2$

Flynn Company determines that it cannot collect $$7,300$ of its accounts receivable from its customer, MDC$.$ Record the journal entry required of Flynn under $(a)$ the direct write$-$off method and $(b)$ the allowance method.

Journal entry worksheet

$2$

Record the write off under the direct write$-$off method.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,,,],[,,,],[,,,.],[,,,]]$