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. Accounts Receivable

c. Interest Expense

d. Allowance for Doubtful Accounts

Question

Business

Selena Roy

27 April, 15:40

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. Accounts Receivable

c. Interest Expense

d. Allowance for Doubtful Accounts

+2

Answers (1)

Know the Answer?

Rosalind · Answer 1

The answer is D. Allowance for Doubtful Debt.

Explanation:

Allowance for Doubtful Debt reduces accounts receivable.

To write off an estimated amount that wont be received from a company receivables, the general ledge is the allowance for doubtful debt which is a contra asset account.

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. Accounts Receivablec. Interest Expensed. Allowance for Doubtful Accounts

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. Accounts Receivable

c. Interest Expense

d. Allowance for Doubtful Accounts