Writing off an uncollectible account against the allowance would increase cash from customers.

Name: Writing off an uncollectible account against the allowance would increase cash from customers.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Writing off an uncollectible account means that the company is acknowledging that they will not be receiving payment for that account. This does not increase cash from customers; rather, it decreases accounts receivable and the allowance for doubtful accounts.

Writing Off an Uncollectible Account Against the Allowance Would Increase