Recording bad debt expense during the period when an account is determined to be uncollectible, which is generally not allowed under U.S. GAAP, is known as the ________.
A) allowance method
B) non-allowance method
C) direct write-off method
D) net write-off method

Question

Quizplus · Accepted Answer

Recording bad debt expense directly to the Bad Debt Expense account when an account is determined to be uncollectible is known as the direct write-off method.

Recording Bad Debt Expense During the Period When an Account