Uptown, Inc. has determined that an account receivable of $125 is uncollectible. The company uses the direct write-off method. Which of the following entries is required to record the write-off?
A. Allowance for Bad Debts 125 125
Account Receivable
B. Accounts Receivable 125 125
Bad Debts Expense
C. Bad Debts Expense 125 125
Accounts Receivable
D. Cash 125 125
Accounts Receivable
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Home » Business » Uptown, Inc. has determined that an account receivable of $125 is uncollectible. The company uses the direct write-off method. Which of the following entries is required to record the write-off? A.