Question.4418 - Discussion - Chapter 9Why does the direct write-off method of accounting for bad debts usually fail to match revenues and expenses?
Answer Below:
The xxxxxx write-off xxxxxx of xxxxxxxxxx for xxx debts xxxxxxx fails xx match xxxxxxxx and xxxxxxxx because xx records xxx bad xxxxxxx in xxx period xx which xxxxxxxx receivable xxxxxx uncollectible xxxxxxx of xxxx the xxxxx is xxxx The xxx debt xxxxxxx should xx expensed xx the xxxxxx in xxxxx sales xxx made xxx allowance xxxxxx follows xxx matching xxxxxxxxxx and xxxxxxx the xxxxxxx in xxx same xxxxxx in xxxxx sales xx made xxxxxxMore Articles From ACC 101 OT 1 SU24 - Accounting I
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