Veme's Violins uses the allowance method to account for uncollectible accounts What is the journal entry the company should make when it determines that it cannot colect from a customer? DEBIT Bad Debts Expense CREDIT Accounts Receivable DEBIT Bad Debts Expense CREDIT Allowance for Bad Debts DEBIT Allowance for Bad Debts CREDIT Accounts Receivable DEBIT Accounts Receivable CREDIT Alowance for Bad Debits QUESTION 17 Which of the following is an example of a plant asset? Patent O Cash Oil Well Equipment