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On February 15, Symth Co. determines that it cannot collect $500 owed by its customer, A. Winds. Symth records the loss using the direct write-off method. This entry to record the write-off on February 15 would include a: (Check all that apply.)

Respuesta :

The journal entry, in this case, to record the write-off on February 15 would be:

                   debit to Bad Debts Expense

                   credit to Accounts Receivable.

What do you mean by bad debts?

Bad debts can be defined as loans or outstanding balances owed which might be not deemed recoverable and should be written off. This expense is a price of doing enterprise with clients on credit, as there are usually a few default chances inherent with extending credit.

The journal entry to record the write-off is given below:

Bad debt expense Dr $500

   To Accounts Receivable - A. Winds $500

(being the written-off is recorded)

The missing information is as follows:

credit to Accounts Receivable - A. Winds. credit to Bad Debts Expense. debit to Accounts Receivable - A. Winds. credit to Sales. debit to Bad Debts Expense. debit to Sales.

Thus, The journal entry, in this case, to record the write-off on February 15 is given above.

Learn more about Bad debts:

https://brainly.com/question/24871617

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