Open Range Foods Writes Off a Bad Debt of $400

question 61

Multiple Choice

Open Range Foods writes off a bad debt of $400 on a specific customer account. The journal entry for this transaction under the direct write off method would include:

• A) a credit to Allowance for Doubtful Accounts.
• B) a credit to Bad Debts Expense.
• C) a debit to Bad Debts Expense.
• D) a debit to Allowance for Doubtful Accounts.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability, often contrasting with introversion.

Agreeableness

A personality trait characterized by kindness, cooperativeness, warmth, and consideration of others.

Vulnerable Narcissism

A form of narcissism where individuals may display sensitivity to criticism, insecurity, and a fragile self-esteem, in contrast to the grandiosity seen in overt narcissism.

Neuroticism

A characteristic of personality marked by feelings of unease, mood swings, apprehensiveness, and dread.