direct write-off method is the method of recording losses from customers from whom the company will NOT collect.

Name: direct write-off method is the method of recording losses from customers from whom the company will NOT collect.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The direct write-off method records bad debt expense only when a specific account is deemed uncollectible, directly reducing accounts receivable by the amount considered uncollectible.

Direct Write-Off Method Is the Method of Recording Losses from Customers