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Edgewood Company wrote off an uncollectible receivable with a $1,500 balance. Which of the following is the correct journal entry to record this adjustment assuming

Edgewood Company wrote off an uncollectible receivable with a $1,500 balance. Which of the following is the correct journal entry to record this adjustment assuming Edgewood Company uses the allowance method for accounting for bad debt?

Debit Credit
Accounts Receivable 1,500
Uncollectible Accounts Expense 1,500
Debit Credit
Uncollectible Accounts Expense 1,500
Accounts Receivable 1,500
Debit Credit
Allowance for Doubtful Accounts 1,500
Accounts Receivable 1,500
Debit Credit
Accounts Receivable 1,500
Allowance for Doubtful Accounts 1,500

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