PT. DEF has Accounts Receivable from PT. HIJ amounted Rp 2.500.000. However, this Accounts Receivable is regarded as uncollectible receivable and will be written-off using The Direct Write-off Method. Thus, the correct record of PT. DEF must be Select one: O a. Accounts Receivable on Debit Rp 2.500.000 O b. Allowance for Doubtful Account on Credit Rp 2.500.000 c. Allowance for Doubtful Account on Debit Rp 2.500.000 O d. Uncollectible Account Expense on Debit Rp 2.500.000

PT. DEF has Accounts Receivable from PT. HIJ amounted Rp 2.500.000. However, this Accounts Receivable is regarded as uncollectible receivable and will be written-off using The Direct Write-off Method. Thus, the correct record of PT. DEF must be Select one: O a. Accounts Receivable on Debit Rp 2.500.000 O b. Allowance for Doubtful Account on Credit Rp 2.500.000 c. Allowance for Doubtful Account on Debit Rp 2.500.000 O d. Uncollectible Account Expense on Debit Rp 2.500.000

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter7: Receivables And Investments

Section: Chapter Questions

Problem 7.1KTQ

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