Where an Allowance for Doubtful Debts Account Is Maintained,the Accounting

question 6

Multiple Choice

Where an allowance for doubtful debts account is maintained,the accounting entry to write off a bad debt is:

• A) debit bad debts; credit accounts receivable
• B) debit allowance for doubtful debts; credit accounts receivable
• C) debit doubtful debts expense; credit accounts receivable
• D) none of the above

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Definitions:

Polynomial Equation

An equation that involves only polynomials, which are expressions consisting of variables and coefficients structured over addition, subtraction, and multiplication.

Factoring

The process of breaking down an equation into simpler components that are multiplied together.

Equation

An assertion in mathematics that two expressions, which may include variables, are equal.

Factoring

The process of breaking down an expression into a product of simpler expressions.