Why is the direct writeoff method of accounting for bad debts not appropriate in accrual accounting?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:00 AM

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Why is the direct writeoff method of accounting for bad debts not appropriate in accrual accounting?

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The direct writeoff method results in both an incom...View the full answer

Financial Accounting A Critical Approach

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