Which of the following entries would be the appropriate entry for writing off an uncollectible account receivable under the allowance method?
A)Dr.Bad debt expense Cr.Accounts receivable
B)Dr.Sales Cr.Accounts receivable
C)Dr.Accounts receivable Cr.Bad debt expense
D)Dr.Allowance for doubtful accounts Cr.Accounts receivable

Question

Quizplus · Accepted Answer

When using the allowance method for accounting for uncollectible accounts receivable, the entry to write off an uncollectible account is made by crediting accounts receivable and debiting the allowance for doubtful accounts. This choice is the only one that debits the allowance for doubtful accounts, making it the correct answer.

Which of the Following Entries Would Be the Appropriate Entry