Theta Company Determines That a $6,300 Account Receivable from CorpCo

question 107

Essay

Theta Company determines that a $6,300 account receivable from CorpCo is uncollectible and writes off the account using the direct write-off method on June 16. Journalize the entry to write off the account. You may omit posting references.
​ $$\begin{array} { | l | l | c | c | c | } \hline&& { \text { Journal } } \\\hline \text { Date } & \text { Description } & \text { Post Ref. } & \text { Debit } & \text { Credit } \\\hline & & & & \\\hline & & & & \\\hline\end{array}$$

---

Definitions:

Race or Ethnicity

Categories used to classify or group individuals based on common ancestral, social, cultural, or national experiences and attributes.

Sharpeville Massacre

A tragic event in 1960 in South Africa, where police opened fire on a crowd protesting against apartheid pass laws, killing 69 people.

Racial Discrimination

Behaviour that has a discriminatory effect based on race; there does not have to be an intention to discriminate.

International Day

A day recognized globally to celebrate, remember, or bring awareness to specific issues, cultures, or social causes.