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Scuttle Company uses an allowance method for recording uncollectibles. Scuttle determined that $8,000 due from Prince Eric will not be collected. The entry Scuttle should

Scuttle Company uses an allowance method for recording uncollectibles. Scuttle determined that $8,000 due from Prince Eric will not be collected. The entry Scuttle should record to write off the Mitchell account is:

Question 7 options:

A)

Uncollectible Accts Expense: 8,000, Accounts Receivable: 8,000

B)

Sales: 8,000, Accounts Receivable: 8,000

C)

Uncollectible Accts Expense: 8,000, Allow. for Uncollectible Accts: 8,000

D)

Allow. for Uncollectible Accts: 8,000, Accounts Receivable: 8,000

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