Question: S 7-2 Direct write-off method LO P1 Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer

S 7-2 Direct write-off method LO P1 Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer P. Moore. Apply the direct write-off method to record this loss as of October 1 transaction lis Journal entry worksheet Record the write off an account Note: Enter debits before credits. Date Debit Credit ournal Oct 01 Clear entry general journal

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