When a Company Uses the Allowance Method of Accounting for Uncollectible

question 57

Multiple Choice

When a company uses the allowance method of accounting for uncollectible receivables, which entry would not be found in the general journal?

• A)
• Bad Debt Expense \( \quad 500 \)
• Allowance for Doubtful Accounts \( \quad 500 \)
• B)
• Bad Debt Expense \( \quad 500 \)
• Accounts Receivable, Bob Smith\( \quad 500 \)
• C)
• \(\begin{array}{l}
• \begin{array} { l l }
• \text { Cash } & 300 \\
• \text { Allowance for Doubtful Accounts } & 200
• \end{array}\\
• \text { Accounts Receivable, Bob Smith } \quad 500
• \end{array}\)
• D)
• \( \begin{array}{ll}\text { Cash } & 500\end{array} \)
• Accounts Receivable, Bob Smith \( \quad 500 \)

---

Definitions:

Urethra

the tube that conveys urine from the bladder to the outside of the body.

Peristaltic Waves

Sequential muscle contractions that occur in the digestive tract, moving food through the esophagus to the stomach and intestines.

Erythropoietin

A hormone produced mainly by the kidneys that promotes the formation of red blood cells in the bone marrow.

Blood PH

Refers to the measure of the acidity or alkalinity of blood, vital for maintaining homeostasis in the human body.