Question: Indicate whether each statement best describes the allowance method or the direct write - off method. table [ [ 1 . Matches the estimated

Indicate whether each statement best describes the allowance method or the direct write-off method.
\table[[1. Matches the estimated loss from uncollectible accounts receivable against the sales they helped create.,],[2. Does not estimate an allowance for doubtful accounts.,],[3. Bad Debts Expense is recorded when an account is determined to be uncollectible.,],[4. An adjusting entry is generally required at the end of each period to estimate bad debts.,],[5. The write-off of a specific customer account directly affects net income in that period.,],[6. Bad Debts Expense is recorded in the period in which the related sales occur.,]]
Indicate whether each statement best describes

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