When a Firm Decides That a Particular Customer Account Is

Multiple Choice

When a firm decides that a particular customer account is uncollectible, it removes that account by debiting the _____ and crediting _____ This process is called writing off the account.

A) Accounts Receivable, Gross; Allowance for Uncollectibles
B) Accounts Receivable, Net; Allowance for Uncollectibles
C) Allowance for Uncollectibles; Accounts Receivable, Gross
D) Allowance for Uncollectibles; Accounts Receivable, Net
E) Bad Debt Expense; Accounts Receivable, Net