Question #4Assessment Progress On February 7, Lewis Company determined that a $2,050 receivable from Sanders Company is uncollectible. Required:...

Question #4Assessment Progress

On February 7, Lewis Company determined that a $2,050 receivable from Sanders Company is uncollectible.

Required:

Journalize the entry to write off the account. 

Note: Assume that Lewis Company uses the direct write-off method of accounting for bad debts.

Date

Account Title

Debit

Credit

(Choose one)Accounts Payable - Sanders Co.Accounts Payable - Lewis Co.Accounts Receivable - Sanders Co.Accounts Receivable - Lewis Co.Bad Debts ExpenseCashNotes Receivable

(Choose one)Accounts Payable - Sanders Co.Accounts Payable - Lewis Co.Accounts Receivable - Sanders Co.Accounts Receivable - Lewis Co.Bad Debts ExpenseCashNotes Receivable

(Choose one)Accounts Payable - Sanders Co.Accounts Payable - Lewis Co.Accounts Receivable - Sanders Co.Accounts Receivable - Lewis Co.Bad Debts ExpenseCashNotes Receivable

(Choose one)Accounts Payable - Sanders Co.Accounts Payable - Lewis Co.Accounts Receivable - Sanders Co.Accounts Receivable - Lewis Co.Bad Debts ExpenseCashNotes Receivable

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