Solved

To Write Off a Transaction That Was Charged a Sales

Question 14

Multiple Choice

To write off a transaction that was charged a sales tax,use:


A) A journal entry to move the customer's balance (credit) to the Bad Debt Expense account (debit)
B) A journal entry to move the customer's balance (credit) to Allowance for Uncollectible Accounts (debit)
C) The Receive Payments window (Discount Info button)
D) The Credit Memo window

Correct Answer:

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