The Journal Entry to Write Off a Customer's Account Under

question 69

Multiple Choice

The journal entry to write off a customer's account under the direct write-off method is:

• A) debit Bad Debts Expense; credit Allowance for Doubtful Accounts.
• B) not required.
• C) debit Cash; credit Accounts Receivable/customer name.
• D) debit Bad Debts Expense; credit Accounts Receivable/customer name.
• E) debit Sales Revenue; credit Accounts Receivable/customer name.

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Definitions:

Concentrated

Having a high density of a particular substance or element in a specific area or volume.

Equitably

In a fair and impartial manner, ensuring justice and equality in treatment, distribution of resources, or opportunities.

Upper-Class Elite

A segment of society that holds the highest social status, often due to wealth, ancestry, or political power.

Inheritance

The process or act of receiving property, titles, debts, rights, and obligations upon the death of an individual.