If the Direct Write-Off Method of Accounting for Uncollectible Receivables

question 104

Multiple Choice

If the direct write-off method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customer's account as uncollectible?

• A) Uncollectible Accounts Expense
• B) Accounts Receivable
• C) Allowance for Doubtful Accounts
• D) Interest Expense

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Definitions:

Unconscious Thought Theory

A theory suggesting that complex decisions can be better handled by the unconscious mind.

Consciousness

The state of being aware of and able to think about one's surroundings, sensations, and thoughts.

Pros And Cons

The advantages and disadvantages of a particular decision or course of action, considered in order to make an informed decision.

NREM Sleep

Non-Rapid Eye Movement Sleep, a restorative sleep phase that includes stages 1-3, characterized by slow brain waves and physical relaxation.