Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,700 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is: Multiple Choice Account Title Allowance for Doubtful Accounts Bad debts expense Account Title Accounts Receivable-A. Hopkins Allowance for Doubtful Accounts Cash Account Title Accounts Receivable-A. Hopkins Account Title Allowance for Doubtful Accounts Accounts Receivable-A. Hopkins Account Title Accounts Receivable-A. Hopkins Bad debts expense Debit 2,700 Debit 2,700 Debit 2,700 Debit 2,700 Debit 2,700 Credit 2,700 Credit 2,700 Credit 2,700 Credit 2,700 Credit 2,700

Gideon Compary uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,700 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is Multiple Choice