Then, discuss the primary advantages and disadvantages of applying the directwrite-off and the allowance method of writing off accounts. Even though thedirect write-off method is not acceptable for generally accepted accountingprinciples (GAAP) reporting, take a position on whether or not estimating theallowance for doubtful accounts distorts gross income. Propose an alternativemethod to increase the accuracy of reporting. please Explain your rationale.
Accounts Receivable Bad Debt Expense Direct Write Off Method Vs Allowance Method
August 9th, 2017 admin