The Adjusting Entry to Record Estimated Losses from Uncollectible Accounts

question 60

Multiple Choice

The adjusting entry to record estimated losses from uncollectible accounts consists of a debit to

• A) Uncollectible Accounts Expense and a credit to Accounts Receivable.
• B) Uncollectible Accounts Expense and a credit to Allowance for Doubtful Accounts.
• C) Allowance for Doubtful Accounts and a credit to Accounts Receivable.
• D) Accounts Receivable and a credit to Allowance for Doubtful Accounts.