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TB MC Qu. 07-94 (Algo) Gideon Company uses... Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company
TB MC Qu. 07-94 (Algo) Gideon Company uses... Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $4,400 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 Debit Credit Accounts ReceivableA. Hopkins 4,400 Allowance for Doubtful Accounts 4,400 Account Title Debit Credit Allowance for Doubtful Accounts 4,400 Bad debts expense 4,400 Account Title Debit Credit Accounts ReceivableA. Hopkins 4,400 Bad debts expense 4,400 Cash 4,400 Accounts ReceivableA. Hopkins 4,400 Account Title Debit Credit Allowance for Doubtful Accounts 4,400 Accounts ReceivableA. Hopkins 4,400 Account Title Debit Credit Cash 4,400 Accounts ReceivableA. Hopkins 4,400 PrevQuestion 1 of 20 Total1 of 20Visit question mapNext
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