Winkler Company borrows $107.000 and pledges its receivables as security. The journal entry to record this transaction would be: Multiple Choice 52 Debit Cash of $107.000 and credit Accounts Receivable $107.000 Debit Cash of $107.000 and credit Accounts Payable $107.000 Debit Note Receivable $107000 and credit Accounts Receivable 5107000, Help Save & Ext Submit Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2.000 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 2, Accounts Receivable. Hopkins Bad Debts Expense 2.ee 2,000 Allowance for Doubtful Accounts Accounts Receivable-A. Hopkins 2.000