When using the allowance method of accounting for uncollectible accounts, the entry to write off harold's uncollectible account is a debit to allowance for doubtful accounts and a credit to accounts receivable—harold.

Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.