2 of 10 View Policies Current Attempt in Progress What is the normal journal entry for recording a loss on impairment under the allowance method? O debit Accounts Receivable, credit Allowance for Expected Credit Losses O debit Loss on Impairment, credit Allowance for Expected Credit Losses O debit Allowance for Expected Credit Losses, credit Loss on Impairment O debit Allowance for Expected Credit Losses, credit Accounts Receivable eTextbook and Media Save for Later Using multiple attempts will impact your score. 5% score reduction after attempt 2 Attempts: 0 WeChat