When a Company Is Using the Direct Write- Off Method

question 83

Multiple Choice

When a company is using the direct write- off method, and an account is written off, the journal entry consists of a:

• A)credit to Accounts receivable and a debit to Interest expense.
• B)debit to Accounts receivable and a credit to Cash.
• C)debit to the Allowance for doubtful debts and a credit to Accounts receivable.
• D)credit to Accounts receivable and a debit to Bad debts expense.

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Definitions:

Field Weld Symbol

A notation used in welding diagrams to indicate that a weld is to be performed on-site or in the field, not in a workshop or factory.

Welding Symbol

A symbolic representation on drawings used to indicate the type of weld, its size, and other welding information.

Length

The measurement of something from end to end; the longest dimension of an object.

Groove Weld

A type of weld used to join two pieces of metal along the edges by depositing a weld metal groove between them.