What Is the Normal Journal Entry for Recording Bad Debt

question 35

Multiple Choice

What is the normal journal entry for recording bad debt expense under the allowance method?

• A) Debit Allowance for Doubtful Accounts, credit Accounts Receivable.
• B) Debit Allowance for Doubtful Accounts, credit Bad Debt Expense.
• C) Debit Bad Debt Expense, credit Allowance for Doubtful Accounts.
• D) Debit Accounts Receivable, credit Allowance for Doubtful Accounts.

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Definitions:

Evidence of Burns

Indicators or signs on the body that suggest the occurrence of burns, such as discoloration, blisters, or damaged skin.

Unusual Places

Locations that are out of the ordinary, unique, or unexpected in some way.

Abuse

The improper usage or treatment of an entity, often to unfairly or improperly gain benefit.

Parental Comments

Observations or feedback provided by parents, typically regarding their child's behavior, performance, or well-being.