Multiple Choice
Removing an uncollectible account and its corresponding allowance from the accounting records is called:
A) a write-off.
B) a write-up.
C) double entry accounting.
D) elimination accounting.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q214: Match the term and its definition.There are
Q215: The amount of uncollectible accounts at the
Q216: On the maturity date of a $10,000,3-month,8%
Q217: Which of the following statements about the
Q218: Delectable,Inc.'s unadjusted trial balance includes Accounts Receivable
Q220: A company's unadjusted trial balance at the
Q221: Charleston,Inc.has Accounts Receivable of $320,000 and an
Q222: Failing to record bad debt expense in
Q223: Norwood Co.reported a receivables turnover ratio of
Q224: When the direct write-off method is used,the