Determining direct write off method

Reference no: EM1356593

Gilkey Construction Company writes of the account of Arthur Blanks of $78,000. The journal entry to record this under the direct write off method is:

A) Bad Debts Expense 78,000
Accounts Receivable - Arthur Blanks 78,000

B) Allowance for doubtful accounts 78,000
Bad Debts Expense 78,000

C) Allowance for doubtful accounts 78,000
Accounts Receivable - Arthur Blanks 78,000

D) Accounts Receivable - Arthur Blanks 78,000
Allowance for doubtful accounts 78,000

Reference no: EM1356593

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