• describe two methods to write off uncollectible accounts, the direct method, and the allowance method. 
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  • Assume your company needs to establish a method to write off uncollectible accounts.
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  • Explain why you would or would not use either method to comply with generally accepted accounting principles.
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  • What internal control procedures would you implement to control the write-off of an account?
  • also describes three methods to estimate uncollectible accounts percentage of sales, percentage of receivables, and aging. Describe how these different methods develop and estimate the number of uncollectible accounts.
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