Which of the Following Entries Would Be Used to Account

question 152

Multiple Choice

Which of the following entries would be used to account for uncollectible receivables using the direct write-off method?

• A) Uncollectible accounts expense is debited and Accounts receivable is credited.
• B) Allowance for uncollectible accounts is debited and Uncollectible accounts expense is credited.
• C) Accounts receivable is debited and Uncollectible accounts expense is credited.
• D) Uncollectible accounts expense is debited and Allowance for uncollectible accounts is credited.

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Definitions:

Conscious Mind

The aspect of the mind that involves awareness of the immediate surroundings, thoughts, and sensations.

Libido

A term often used in psychoanalytic theory to denote the energy associated with the sexual drive and desire.

Id

In psychoanalytic theory, the part of the mind in which innate instinctual impulses and primary processes are manifest.

Superego

The component of the human psyche in Freudian psychoanalytic theory that mediates between the primal desires of the id and the moral standards of the ego, often associated with conscience.