csheng2935 csheng2935
  • 01-12-2021
  • World Languages
contestada

What is the main difference between the direct write-off method and the allowance method?.

Respuesta :

adaly28
adaly28 adaly28
  • 01-12-2021

Answer:

Under direct write-off method, a bad debt is charged to expense as soon as it is apparent that an invoice will not be paid. Under the allowance method, an estimate of the future amount of bad debt is charged to a reserve account as soon as a sale is made.

Answer Link

Otras preguntas

If a man who is not color-blind (x-linked recessive trait) marries a color-blind woman, is there any chance of them having a son who is not color-blind? Show t
Women's suffrage means women suffered and did not get to vote. True False
A research ship lowers a probe into the ocean to explore an underwater trench. The probe starts on a crane that is 18 feet above the surface and is lowered at a
To convert 3 square feet to square centimeters, multiply 3 by 9.29 × 10-2 True or False
What percentage of the united states is black?
Virtue, Aristotle says, is defined by a mean relative to us. He means that a. facts about an individual and his or her context help determine what one should d
If you speak of a right-wing party, you are speaking of a group which holds liberal views true or false
Help and fast please
Geologists may choose to lick a mineral to identify it. What mineral is the geologist expecting with this test?
I know that 300 divided by 30 equals 10 because the3 in 300 represents?