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

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

Question

Elhussein Ahmed · Accepted Answer

Final Answer : B, Explanation :  The Allowance for Doubtful Accounts is debited when writing off a customer's account as uncollectible under the allowance method, which reduces the allowance account and the accounts receivable account without affecting the income statement at the time of the write-off.

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

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

Definitions

Learning Objectives

Learning Objectives

Related questions

If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off a customer's account as uncollectible?A) Uncollectible Accounts ExpenseB) Allowance for Doubtful AccountsC) Accounts ReceivableD) Interest Expense

Definitions

Learning Objectives

Learning Objectives

Related questions

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

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