Question: What is the journal entry for writing off an uncollectible account?

Options:

1. Debit Bad Debt Expense, Credit Accounts Receivable
2. Debit Accounts Receivable, Credit Bad Debt Expense
3. Debit Cash, Credit Accounts Receivable
4. Debit Accounts Payable, Credit Bad Debt Expense

Correct Answer: Debit Bad Debt Expense, Credit Accounts Receivable

Solution:

To write off an uncollectible account, Bad Debt Expense is debited to recognize the loss, and Accounts Receivable is credited to remove the uncollectible amount.