Which of the following journal entries correctly records the write off of an uncollectible account receivable when using the allowance method?

Question

Quizplus · Accepted Answer

Choice B correctly records the write off of an uncollectible account receivable using the allowance method by debiting the allowance for doubtful accounts and crediting the accounts receivable. Choice A debits bad debt expense, which is only used in the direct write-off method. Choice C debits the accounts receivable directly, which is also only used in the direct write-off method. Choice D has incorrect account titles and does not accurately reflect the transaction.

Which of the Following Journal Entries Correctly Records the Write