Under the Allowance Method of Recognizing Uncollectible Accounts, the Entry

Multiple Choice

Under the allowance method of recognizing uncollectible accounts, the entry to recognize the collection of a previously written off uncollectible account

A) increases net income.
B) has no effect on the allowance for doubtful accounts.
C) decreases the allowance for doubtful accounts.
D) increases the allowance for doubtful accounts.