Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 23 - No. 2)
Which account is debited when a company records an entry to write off an irrecoverable account using the direct write-off method?
Allowance for Doubtful Accounts
Bad Debt Expense
Accounts Receivable
Uncollectible Accounts Expense
Explanation
Under the direct write-off method, the expense is recognized directly in the period the debt is deemed uncollectible.
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