Under the Direct Write-Off Method,what Adjustment Is Made at the Time

question 9

Multiple Choice

Under the direct write-off method,what adjustment is made at the time an actual bad debt occurs?

• A)Debit Bad Debt Expense,credit Allowance for Uncollectible Accounts.
• B)Debit Allowance for Uncollectible Accounts,credit Accounts Receivable.
• C)Debit Bad Debt Expense,credit Accounts Receivable.
• D)No adjustment is made.

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Definitions:

Pharynx

The membrane-lined cavity behind the nose and mouth, connecting them to the esophagus.

Digestive Enzymes

Proteins that accelerate the breakdown of food molecules into absorbable nutrients within the digestive system.

Absorbed

generally refers to the process by which substances are taken up into another substance, for example, nutrients being absorbed by the body's cells.

Chylomicrons

Protein-covered fat droplets produced in the intestinal cells; they enter the lymphatic system and are transported to the blood.