Dalton Company uses the estimate based on analysis of receivables to account for

Question

Dalton Company uses the estimate based on analysis of receivables to account for uncollectible accounts. The company has determined that the Irish Company account is uncollectible. To write-off this account,

Dalton should debit

A) Uncollectible Accounts Expense and credit Accounts Receivable

B) Uncollectible Accounts Expense and credit Allowance for Doubtful Accounts

C) Allowance for Doubtful Accounts and credit Accounts Receivable

D) Accounts receivable and credit Allowance for Doubtful Accounts

Explanation / Answer

b

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