Asked by Regan Mc Mullan on May 03, 2024

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To write off an uncollectible account receivable when the allowance method of accounting for uncollectible accounts is used,a company should debit ________ and credit accounts receivable.

Allowance Method

The allowance method is an accounting technique used to account for bad debts by estimating uncollectible accounts and reflecting them as an allowance for doubtful accounts on the balance sheet.

  • Understand and apply the allowance method of accounting for uncollectible accounts.
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ZK
Zybrea KnightMay 06, 2024
Final Answer :
allowance for doubtful accounts