#21 of 25 The allowance method is required a. by GAAP. ob. for companies that factor their receivables. c. where receivables are a small part of the current assets. od. for federal income tax purposes. em #22 of 25 Allowance for Doubtful Accounts is a. subtracted from Cash. b. subtracted from Notes Receivable. c. added to Accounts Receivable. d. subtracted from Accounts Receivable. blem #23 of 25 The party making the promise to pay the promissory note is the a. payee. b. maker c. lender od. None of these choices are correct