1. The use of the allowance method of accounting for bad debts is preferred over the direct write-off method because of the:

(a ) matching principle (b) historical cost principle (c) revenue recognition principle (b)full disclosure principle

2. Under the allowance method, the entry to record the bad debts estimate includes a debit to: (a) Accounts Receivable and a credit to Allowance for Uncollectible Accounts. (b) Allowance for Uncollectible Accounts and a credit to Uncollectible-Account Expense. (c) Allowance for Uncollectible Accounts and a credit to Accounts Receivable (d) Uncollectible-Account Expense and credit to Allowance for Uncollectible Accounts.

3. Under the allowance method, the entry to record the bad debts estimate includes a debit to: (a) Accounts Receivable and a credit to Allowance for Uncollectible Accounts. (b) Allowance for Uncollectible Accounts and a credit to Uncollectible-Account Expense. (c) Allowance for Uncollectible Accounts and a credit to Accounts Receivable. (d) Uncollectible-Account Expense and credit to Allowance for Uncollectible Accounts.