5 Using the direct write-off method, when a specific account is determined to be uncollectible, the journal entry includes a O credit to Account Receivable. O credit to Bad Debt Expense. O credit to Loss. O credit to Allowance for Doubtful Accounts. Question 13 Under IFRS, the cost of a major overhaul is added to the carrying value of the related asset. is added to the carrying value of the related asset, and the depreciated carrying amount of the original part is removed. Ois added to the carrying value of the related asset, and the depreciated carrying amount is expensed in the period incurred. of the original part is removed only if this cost is known. Question 14 When accounting for borrowing costs incurred during construction of an asset, the approach consistent with IFRS is to O capitalize no borrowing charges during construction. charge construction with all costs of funds employed, whether identifiable or not. capitalize any avoidable borrowing costs incurred during construction. capitalize a pro rata portion of all costs of funds employed