Cite all sources.

Please answer the following question(s):

1. Compare and contrast the direct write-off method and the allowance method for bad debts.

2. Explain when the expense for uncollected accounting receivable is recognized for each method. Why?

3. Why is the direct write-off method not considered to follow generally accepted accounting principles (GAAP)?

4. Discuss the allowance method and the direct write-off method of accounting for bad debts. When is the expense for uncollected accounts receivable recognized under each method?

4. Cite all sources. Please answer the following question(s): . Compare and contrast the direct write-off method and 2. Explain when the expense for uncollected accounting a. Why is the direct write-off method not considered to the allowance method for bad debts. receivable is recognized for each method. Why? follow generally accepted accounting principles (GAAP)? 4. Discuss the allowance method and the direct write-off method of accounting for bad debts. When is the expense for uncollected accounts receivable recognized under each method