Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 11 - No. 46)

What account is debited when writing off an uncollectible account?
Accounts Receivable.
Bad Debt Expense.
Allowance for Doubtful Accounts.
Cash.

Explanation

The Allowance for Doubtful Accounts is debited to reduce the balance of the account.

Comments (0)

Advertisement