Question

Under the direct write-off method of accounting for uncollectible accounts, Bad Debt Expense is recorded a.when...

Under the direct write-off method of accounting for uncollectible accounts, Bad Debt Expense is recorded

a.when a credit sale is past due

b.whenever a predetermined amount of credit sales has been made

c.at the end of each accounting period

d.when an account is determined to be worthless

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Answer #1
Option D is the answer

When the actual amount is decreased from the expected accounts receivable balance, then the bad debt expense is recorded under the direct writeoff method.

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