The correct entry to write off a $400 receivable owed by ajax co. using the direct write-off method would be:

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Business

Higgins

15 January, 11:13

The correct entry to write off a $400 receivable owed by ajax co. using the direct write-off method would be:

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Iris Buckley · Answer 1

The correct entry to write off a $400 receivable owed by Ajax Co. using the Direct Write-Off Method would be: Debit Accounts Receivable-Ajax and credit Allowance for Doubtful Accounts for $400. Debit cash $400 and Credit Accounts Receivable $400.