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1. What are the differences between a merchandising and service company? 2. How are bad debts accounted for under the direct write-off method? What are

1. What are the differences between a merchandising and service company?

2. How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

3. Define the six principles of control activities and give an example of each. An example may include how to prevent fraud or a type of fraud that could occur if these activities are not in place.

Please give examples!! thanks for whoever help this question out :)

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