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Homework answers / question archive / On January 31, 2020 PT

On January 31, 2020 PT

Accounting

On January 31, 2020 PT. Dryer decided to write off the receivables belonging to PT. Brush worth $ 1,100, because PT. Brush failed to pay his debt. If PT. Dryer uses the allowance method, so how the journal made by PT. Dryer to write off PT. Brush on January 31, 2020? Select one:

a. (Dr) Allowance for Doubtful Accounts $ 1,100, (Cr) Accounts Receivable $ 1,100

b. (Dr) Accounts Receivable $ 1,100, (Cr) Bad Debt Expense $ 1,100

c. (Dr) Bad Debt Expense $ 1,100, (Cr) Allowance for Doubtful Accounts $ 1,100

d. (Dr) Bad Debt Expense $ 1,100, (Cr) Accounts Receivable $ 1,100

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