When a Company Is Using the Direct Write-Off Method,and an Account

question 149

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) debit to Accounts receivable and a credit to Cash.
• B) credit to Accounts receivable and a debit to Uncollectible accounts expense.
• C) debit to the Allowance for uncollectible accounts and a credit to Accounts receivable.
• D) credit Accounts receivable and a debit to Interest expense.

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Definitions:

Designated Driver

A person appointed to abstain from alcohol and drive others safely who have been drinking.

Avoidance Learning

Learning to avoid events or conditions associated with aversive consequences or phobias.

Escape Behavior

Actions taken to avoid expected or current discomforts, often seen in both human psychological responses and animal behavior studies.

Shaping Behavior

The process of reinforcing successive approximations of a desired behavior to teach a new behavior or skill.