MCQs > Finance & Management > Accounts Receivable > If the balance of the Allowance for Doubtful Account exceeds the amount of a bad debt being written off, the entry to record the write off against the allowance account results in:

Accounts Receivable MCQs

If the balance of the Allowance for Doubtful Account exceeds the amount of a bad debt being written off, the entry to record the write off against the allowance account results in:

Answer

Correct Answer: no effect on the expenses of the current period

Explanation:

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Accounts Receivable Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it