We Logan - Home Extensions Macmillan Launchp- Question 2012) 2. 100 points Recognizing Bad Debts Expense According to GAAP. companies must record expenses relative to bad debes in the period that the credit sales are recognized based on the estimated amount of bad debts fontes expected to be incurred when write-offs are recorded for the balances in the customer accounts that are nine months post dus cely when notified that customers with outstanding balances have tied for bankruptcy based on the actisel amounts of losses incurred trom uncollectible customer accounts regardless of when the sale was made References MultiShala Rech ACR 200 Final Pr.docx Type here to search a IT 03 INSIGNIA