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1. Which account is to be debited to write off uncollectible receivable? accounts receivable account accounts payable account uncollectible expense account cash in bank account

1. Which account is to be debited to write off uncollectible receivable?

accounts receivable account

accounts payable account

uncollectible expense account

cash in bank account

The amount to be depreciated divided by the estimated useful life comprise the:

annual depreciation expenses.

accumulated depreciation.

partial depreciation.

market value of an asset.

Which accounts receivable account can a business not collect?

Uncollectible Account

Accounts Receivable Account

Accounts Payable Account

Expense Account

What will the annual depreciation be under the straight line method if the amount to be depreciated is $50,000, and the estimated useful life of an asset is 10 years?

$50,000

$20,000

$10,000

$5,000

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