When a Company Uses the Allowance Method of Accounting for Uncollectible

question 166

Short Answer

When a company uses the allowance method of accounting for uncollectible receivables, which entry would not be found in the general journal? a. Bad Debt Expense $\quad 500$
Allowance for Doubtful Accounts 500
b. Bad Debt Expense $\quad 500$
Accounts Receivable-Bob Smith 500
c. Cash 300
Allowance for Doubtful Accounts 200
Accounts Receivable-Bob Smith $\quad 500$
$\begin{array}{lr}d. Cash &500\\~~~~\text { Accounts Receivable-Bob Smith }&500\end{array}$

---

Definitions:

Management Development

Programs or actions aimed at improving the skills, competencies, and knowledge of managers within an organization.

Leadership

The act of guiding and directing a group towards achieving a common goal.

Fundamentals

The basic or foundational principles or elements of a subject or discipline.

Off-the-job Training

A form of skill development and education that occurs outside of the normal work environment, often involving formal coursework or external training programs.