All of the Following Statements Regarding the Allowance Method Are

All of the following statements regarding the allowance method are true except:

A) The allowance method estimates bad debts expense at the end of each accounting period and records it with an adjusting entry.
B) The Allowance for Doubtful Accounts is a contra asset account.
C) The Allowance for Doubtful Accounts is subtracted from Accounts Receivable to report receivables at realizable value.
D) The allowance method does not record bad debt expense until a customer's account receivable is determined to be uncollectible.
E) The write-off an uncollectible account does not impact the income statement.