Question: 6 Why is the allowance method preferred over the direct write-off method of accounting for bad debts? Select one a. Allowance method is used for

6 Why is the allowance method preferred over the direct write-off

Why is the allowance method preferred over the direct write-off method of accounting for bad debts? Select one a. Allowance method is used for tax purposes. b. Improved matching of bad debt expense with revenue. c. Determining worthless accounts under direct write-off method is difficult to do. d. Estimates are used

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