To Write Off an Uncollectible Account Using the Direct Write-Off

question 118

Multiple Choice

To write off an uncollectible account using the direct write-off method:

• A)include a credit to Accounts Receivable.
• B)include a credit to Allowance for Uncollectible Accounts.
• C)include a credit to Uncollectible-Account Expense.
• D)no entry is required.

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Definitions:

Conclusion

The end or finish of an event, process, or text, typically the part where final judgments or statements are made.

Direct Observation

The method of gathering data through immediate, firsthand observation of people or phenomena.

Knowledge

Acquainted with or understanding of facts, information, descriptions, or skills acquired through experience or education.

Visual

Relating to seeing or sight, involving the use of vision.