Ask Question
4 August, 11:01

When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited whena. a sale is made. b. an account becomes bad and is written off. c. management estimates the amount of uncollectibles. d. a customer's account becomes past due.

+2
Answers (1)
  1. 4 August, 11:37
    0
    c. management estimates the amount of uncollectibles

    Explanation:

    When the allowance method is used to account for uncollectible accounts, bad debts expense is debits when the management estimates the amount of uncollectibles, meaning the company will fail to collect the amount.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited whena. a sale is made. b. an account ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers