Ask Question
25 April, 10:13

The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same period as the sale. for this reason, the direct write-off method violates the

+1
Answers (1)
  1. 25 April, 11:10
    0
    The direct write-off method violates the matching principal, which says that revenues and expenses are recorded in period that they occur (not necessarily when they are collected/written off).
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same period as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers