pm. Is it beneficial for a small business to have "a lot" of receivables or is the risk too high? Describe the difference between the direct write-off method and the allowance method of accounting for uncollectible receivables. In your opinion, which method is more favorable? Now that you have learned about the various types of receivables, is there a difference between a notes receivable and accounts receivable? If so, explain. 2 Dornand at Janet athar studente