CHOICE instructions: Circle the best answer for each of the following questions. 1. When the allowance method is used in accounting for uncollectible accounts. any uncollectible account is written off the a. allowance account b. sales account c, accounts receivable account. d. uncollectible accounts expense account 2. When the direct write-off method is used in accounting for uncollectible accounts, any uncollectible account is written off against the: a. allowance account b. sales account c. accounts receivable account d. uncollectible accounts expense account 3. What is the type of account and normal balance of Allowance for Doubtful Accounts? a. asset, debit b. asset, credit c. contra asset, debit d. contra asset, credit 4. Assume that the allowance account has a credit balance of $17o at the end of the year, before adjustments. lf the estimate of uncollectible accounts based on aging the receivables is $3,010, the amount of the adjusting entry for uncollectible accounts would be: a. $170 b. $2,840 $3,010 c, d. $3,180 $250 at the end 5. Assume that the allowance account has a debit balance of accounts of the year, before adjustments. If the estimate of uncollectible entry based on sales for the period is $2,200, the amount of the adjusting for uncollectible would be: a. $250 b. $1,950 c. $2,200 d, $2,450