Question: Donnelly Corp uses an allowance method for recording bad debts. Donnelly Corp determined that $ 3 6 , 0 0 0 of accounts receivable from

Donnelly Corp uses an allowance method for recording bad debts. Donnelly Corp determined that $36,000 of accounts receivable from Fritsch are uncollectible. The entry Donnelly Corp should make to write off the Fritsch account would include:
a debit to Uncollectible Accounts Expense for $36,000.
a debit to Cash for $36,000.
a credit to Accounts Receivable for $36,000.
a credit to Uncollectible Accounts Expense for $36,000.

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