+ Daytona State College De Presentation Chapter X Questions Interactive Present X ducation.com/ext/map/index.html?_con conexternal browser launchUnhttp%253A%252F%252Fims.meducation.com 2525mgmiddleware252 My Dashboard St My Profile - Zoom M Gma YouTube Daytona State Colle Dashboard active Coun My Home Help Save & Sard esentation Chapter 76 Required information Knowledge Check 01 The allowance method of accounting for bad debts has the following advantages over the direct write off method including (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be sutomatically graded as incorrect) N Records estimated bad debts expense in the period when the related sales are recorded 2 Records estimated bad debts expense when the account receivable a determined to be uncollectible Reports accounts receivable on the balance sheet at the estimated amount of cash to be collected Reports sales on the income statement on the immed amount of cash to be collected o 10 B2F Partly sunny Search F R /_/_ s DEL clv x B N M