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:

Age Stereotyping

Preconceived and oversimplified beliefs about the abilities, characteristics, and behaviors of individuals based solely on their age.

Appearance

The way in which an individual or object looks to others, encompassing physical characteristics and attire.

Forgetfulness

The inability to remember information or experiences, which can be a normal part of aging or related to various health conditions.

Function

The purpose, role, or activity that something is designed or expected to perform.