Why is the allowance method of accounting for bad debts more consistent with accounting standards than the

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Why is the allowance method of accounting for bad debts more consistent with accounting standards than the direct write-off method? Under what circumstances is the direct write-off method acceptable? Discuss.
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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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