Question 4 When is it acceptable to use the direct write-off method to account for uncollectible accounts? O a When the
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 4 When is it acceptable to use the direct write-off method to account for uncollectible accounts? O a When the
Question 4 When is it acceptable to use the direct write-off method to account for uncollectible accounts? O a When the expected bad debts are significant. When the company pledges its accounts receivables. When the expected bad debts are not significant. d It is never acceptable use the direct write-off method under GAAP When the company sells its accounts receivables.