Which of the following statements is incorrect in relation to the direct write-off method of accounting for bad debts? a. There is no contra asset account for estimated doubtful debts. b. Bad debts are charged as an expense at the time an account is determined to be uncollectable. c. The entry to write off bad debts is DR Bad debts expense, DR GST payable, CR Accounts receivable. *d. Bad debts expense is recorded in the same period in which its related sales revenue is included as income.