Under the direct write-off method,the estimated amount of bad debts is debited to which account?
A)Bad Debt Expense.
B)Allowance for Doubtful Accounts.
C)Accounts Receivable.
D)Bad debts are not estimated under the direct write-off method.

Question

Quizplus · Accepted Answer

Under the direct write-off method, bad debts are not estimated. Instead, specific accounts are written off as they are deemed uncollectible.

Under the Direct Write-Off Method,the Estimated Amount of Bad Debts