Under the allowance method for uncollectible accounts, the entry to write off an uncollectible account only involves statement of ﬁnancial position accounts.

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The entry to write off an uncollectible account involves both statement of financial position accounts and income statement accounts. The statement of financial position accounts affected are Accounts Receivable and Allowance for Doubtful Accounts, while the income statement account affected is Bad Debt Expense.

Under the Allowance Method for Uncollectible Accounts, the Entry to Write