When a company is using the direct write-off method, and an account is written off, the journal entry consists of a a. debit to the allowance for bad debts and a credit to accounts receivable b. credit to accounts receivable and a debit to bad debts expense c. debit to accounts receivable and a credit to cash d. credit to accounts receivable and a debit to interest expense

B.

Explanation:

An uncollectible account or bad debt is an account receivable that the business cannot collect. Businesses account for bad debts by using :

-the allowance method.

-the direct write-off method .

The direct write-off method is primarily used by businesses with few credit customers. When it is determined that a customer is not going to pay, the uncollectible account is removed from the records.

To remove from the records, there is a credit to Accounts Receivable (asset account, increase by the debit) and a debit to Bad Debts Expense (expense account, increase by the debit).

so i don't know what video you're talking about, but here's some stuff steve jobs gave as advice.

- love what you do.

- the worst thing that could happen might turn out to be the best thing that could happen.

- follow your heart and trust it knows where it's going.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy