Alpha company uses the direct write-off method of recording uncollectible accounts. on august 15, 2016, yankee zulu filed for bankruptcy and informed alpha that he would be unable to pay $550 owed to alpha. alpha is certain that it will be unable to collect the $550. use this information to prepare the general journal entry (without explanation) for august 15.
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Alpha company uses the direct write-off method of recording uncollectible accounts. on august 15, 20...
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