Under the Allowance Method, the Entry to Write Off a $2,600

question 53

Multiple Choice

Under the allowance method, the entry to write off a $2,600 uncollectible account includes a:

• A) debit to Accounts Receivable for $2,600.
• B) credit to Uncollectible-Account Expense for $2,600.
• C) credit to Allowance for Uncollectible Accounts for $2,600.
• D) debit to Allowance for Uncollectible Accounts for $2,600.