When Evaluating the Collectability of Accounts Receivable

Multiple Choice

When evaluating the collectability of accounts receivable:

A) the uncollectible-account expense is a contra account.
B) the allowance for uncollectible accounts is an operating expense in the selling, general and administrative category.
C) the allowance method uses estimates developed from the company's collection experience.
D) the direct write-off method uses the allowance for uncollectible accounts to record bad debts.