Under the Direct Write-Off Method,a Customer Who Doesn't Pay Their

question 42

Multiple Choice

Under the direct write-off method,a customer who doesn't pay their bills is written off with what journal entry?

• A) Debit Accounts receivable and credit Uncollectible account expense
• B) Debit Uncollectible account expense and credit Cash
• C) Debit Uncollectible account expense and credit Accounts receivable
• D) Debit Lost revenue and credit Accounts receivable

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Definitions:

Manage Volunteers

The coordination, supervision, and support of volunteers to effectively contribute to an organization's goals and activities.

Effective

Capable of producing intended or desired results with efficiency.

Aware

Possessing knowledge or consciousness of a situation or fact.

Federal Employment Laws

Regulations established by the federal government to protect the rights of workers and outline the responsibilities of employers.