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Thomson Company uses the direct write-off method. Under the direct writeoff method, Thomson will record Bad Debt Expense by crediting Bad Debts Expense. at the
Thomson Company uses the direct write-off method. Under the direct writeoff method, Thomson will record Bad Debt Expense by crediting Bad Debts Expense. at the same time it credits Allowance for Doubtful accounts. when an individual account is written off. when the loss amount is estimated
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