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Question 3 0.5 pts Under the direct write-off method of accounting for uncollectible accounts the allowance account is increased for the actual amount of bad

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Question 3 0.5 pts Under the direct write-off method of accounting for uncollectible accounts the allowance account is increased for the actual amount of bad debt at the time of write-off. the going concern assumption is emphasized. bad debt expense is always recorded in the period in which the revenue was recorded. O balance sheet relationships are emphasized. O a specific account receivable is decreased for the actual amount of bad debt at the time of write- off

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