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The Direct-write Off method for accounting for bad debts rev: Multiple Choice A. All of the choices are correct. B.Transfers the amount in the customers

The Direct-write Off method for accounting for bad debts rev:

Multiple Choice

A. All of the choices are correct.

B.Transfers the amount in the customers account receivable to the debit expense at the time the customers account becomes uncollectible.

c.Estimates bad debts and establishes a reserve for uncollectible accounts.

D. Is not used for tax purposes.

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