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Aksarben uses the allowance method to account for uncollectible accounts. A customer's account balance of $2,700 was deemed to be uncollectible on October 31.

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Aksarben uses the allowance method to account for uncollectible accounts. A customer's account balance of $2,700 was deemed to be uncollectible on October 31. What entry should be recorded on October 31 to record the write-off? O A. Debit Bad Debts Expense $2,700; credit Allowance for Doubtful Accounts $2,700. OB.) Debit Allowance for Doubtful Accounts $2,700; credit Bad Debts Expense $2,700. OC. Debit Bad Debts Expense $2,700; credit Accounts Receivable $2,700. OD. Debit Allowance for Doubtful Accounts $2,700; credit Accounts Receivable $2,700. OE Debit Accounts Receivable $2,700; credit Allowance for Doubtful Accounts $2,700. Moving to another question will save this response. Question 21 of 25

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