To Record Estimated Uncollectible Accounts Using the Allowance Method for Uncollectible

Multiple Choice

To record estimated uncollectible accounts using the allowance method for uncollectible accounts, the adjusting entry would be a debit to?

A) Loss on Credit Sales and a credit to Trade Accounts Receivable.
B) Trade Accounts Receivable and a credit to Allowance for Doubtful Accounts.
C) Allowance for Doubtful Accounts and a credit to Trade Accounts Receivable.
D) Bad Debts Expense and a credit to Allowance for Doubtful Accounts.