13. Allowance for Doubtful Accounts on the balance sheet a. is offset against total current assets b. increases the cash realizable value of accounts receivable. c. appears under the heading "Other Assets. d. is deducted from accounts receivable. 14. You have just received notice that a customer of yours with an account receivable balance of $500 has gone bankrupt and will not make any future payments. Assuming you use the Direct Write Off method, the entry you make is to a. debit Bad Debt Expense and credit Accounts Receivable. b. debit Allowance for Doubtful Accounts and credit Bad Debt Expense. c. debit Allowance for Doubtful Accounts and credit Accounts Receivable. d. debit Bad Debt Expense and credit Allowance for Doubtful Accounts. 5. You have just received notice that a customer of yours with an account receivable lance of $600 has gone bankrupt and will not make any future payments. Assuming you use 9 Allowance method, the entry you make is to a. debit Allowance for Doubtful Accounts and credit Bad Debt Expense. b. debit Allowance for Doubtful Accounts and credit Accounts Receivable. c. debit Bad Debt Expense and credit Allowance for Doubtful Accounts d. debit Bad Debt Expense and credit Accounts Receivable