If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off a customer's account as uncollectible?
A) Uncollectible Accounts Expense
B) Allowance for Doubtful Accounts
C) Accounts Receivable
D) Interest Expense

Question

Quizplus · Accepted Answer

The Allowance for Doubtful Accounts is debited when writing off a customer's account as uncollectible under the allowance method, which reduces the allowance account and the accounts receivable account without affecting the income statement at the time of the write-off.

If the Allowance Method of Accounting for Uncollectible Receivables Is