Does the allowance method for bad debts or the direct write-off method result in the fairest presentation

Question:

Does the allowance method for bad debts or the direct write-off method result in the fairest presentation of receivables on the and the fairest matching of expenses against revenue?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...