Under the Direct Write-Off Method,which of the Following Is Included

question 156

Multiple Choice

Under the direct write-off method,which of the following is included in the entry to write off an uncollectible account?

• A) a credit to the Allowance for Bad Debts
• B) a credit to the customer's Account Receivable
• C) a debit to Allowance for Uncollectible Accounts
• D) No entry is made to write off uncollectible accounts.

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Definitions:

Reduced

In chemistry, refers to the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.

Cellular Respiration

Pathway that uses an electron transfer chain to harvest energy from an organic molecule and make ATP. See aerobic respiration.

Glucose Molecules

A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.

ATP Synthesis

The process by which energy is stored in the form of adenosine triphosphate (ATP) in cells, commonly occurring in the mitochondria via cellular respiration.