A Company Uses the Direct Write-Off Method to Account for Uncollectible

question 11

Multiple Choice

A company uses the direct write-off method to account for uncollectible receivables.Which of the following is included in the entry to write off an uncollectible account?

• A) A debit to Uncollectible account expense
• B) A debit to the customer's Account receivable
• C) A credit to the Allowance for uncollectible accounts
• D) No entry is made to write off uncollectible accounts.

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Definitions:

Objective

A goal or target that is aimed for, often defined clearly to guide actions or strategies.

Constructive

Referring to actions, comments, or criticism that are intended to be helpful and lead to positive outcomes or improvement.

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over the events affecting them.

Self-Esteem

An individual's perception of their own worth or value.