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If a company uses the direct write-off method of accounting for bad debts, a.it will record bad debt expense only when an account is determined
If a company uses the direct write-off method of accounting for bad debts,
a.it will record bad debt expense only when an account is determined to be uncollectible.
b.it will report accounts receivable on the balance sheet at their net realizable value.
c.it will reduce the Accounts Receivable account at the end of the accounting period for estimated uncollectible accounts.
d.it is applying the matching principle.
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