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-   -   A debit balance in the Allowance for Uncollectible Accounts: (https://www.askmehelpdesk.com/showthread.php?t=683992)

  • Jul 17, 2012, 04:44 PM
    lopezap1
    A debit balance in the Allowance for Uncollectible Accounts:
    A debit balance in the Allowance for Uncollectible Accounts:
    A) cannot occur.
    B) is the normal balance.
    C) occurs when the actual bad debt write-offs are less that what was estimated.
    D) occurs when the actual bad debt write-offs are greater than what was estimated


    I think the answer is C
  • Jul 17, 2012, 04:55 PM
    paraclete
    D. The balance of accounts receivable is a debit, the allowance offsetts this and is a credit, writeoffs in excess of the allowance generate a debit balance

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