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Business, 11.04.2020 03:23, vannitling12p4w44f
Under the direct write-off method of accounting for uncollectible accounts Group of answer choices
a. bad debt expense is always recorded in the period in which the revenue was recorded.
b. a specific account receivable is decreased for the actual amount of bad debt at the time of write-off.
c. balance sheet relationships are emphasized.
d. the allowance account is increased for the actual amount of bad debt at the time of write-off.
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Answers: 2
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