Business

Leonel Wyatt

15 December, 09:54

What is the normal journal entry for recording bad debt expense under the allowance method? a) Debit Allowance for Doubtful Accounts, credit Accounts Receivable. b) Debit Bad Debt Expense, credit Allowance for Doubtful Accounts. c) Debit Accounts Receivable, credit Allowance for Doubtful Accounts. d) Debit Allowance for Doubtful Accounts, credit Bad Debt Expense.

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