Answer:
(b) Allowance for Doubtful Accounts will be credited.
Explanation:
Accounts uncollectible are receivables, loans or other debts that have virtually no chance of being paid. An account may become uncollectible for many reasons, including the debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor, or lack of proper documentation to prove that debt exists. One way to estimate the amount of uncollectible accounts receivable is to prepare an aging. An aging of accounts receivable lists every customer's balance and then sorts each customer's balance according to the amount of time since the date of the sale.
