Accounts receivables are determined to be uncollectible and are written off. The following account should be debited:

Question

Quizplus · Accepted Answer

When accounts receivables are determined to be uncollectible and are written off, the Allowance for Uncollectible Accounts Receivable is debited. This reduces the allowance account and the specific accounts receivable balance without impacting the income statement at the time of the write-off.

Accounts Receivables Are Determined to Be Uncollectible and Are Written