bill was sent to Warren Rebecca, a different customer. Rebecca Warren has since moved to a distant town, but was last known to be a responsible person. The owners of Flowers and Fluff are now trying to get a new address for Rebecca Warren from her friend that was in the hospital. (a) When and how might a business choose to ignore GAAP and use the direct write-off method? (b) (c) (d) What is the USA tax code position on the direct write-off method, and how might Flowers and Fluff be simplifying their record keeping issues by using the direct write-off method? Could a large corporation that must meet financial reporting obligations to shareholders select this simplifying option? Prepare the journal entry necessary to write off the "bad" account. How does the existence of "other" questionable accounts potentially produce misleading financial reports