When an Account Becomes Uncollectible and Must Be Written Off

question 168

Multiple Choice

When an account becomes uncollectible and must be written off,

• A)Allowance for Doubtful Accounts should be credited.
• B)Accounts Receivable should be credited.
• C)Bad Debt Expense should be credited.
• D)Sales Revenue should be debited.

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Definitions:

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Power

is the ability or capacity to influence or control the behavior of others or the course of events.

Inclusion

The practice or policy of providing equal access to opportunities and resources for people who might otherwise be excluded or marginalized, such as those having physical or mental disabilities, or being members of minority groups.

Control

The power to influence or direct people's behavior or the course of events.