Why does the direct write-off method of accounting for bad debts commonly fail to match revenues and

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Why does the direct write-off method of accounting for bad debts commonly fail to match revenues and expenses?

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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

Question Posted: Mar 08, 2016 08:05 AM

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Why does the direct write-off method of accounting for bad debts commonly fail to match revenues and

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Revenues and expenses are not matched under the direct writeoff method because the reve...View the full answer

Fundamental Accounting Principles

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