Indicate whether each statement best describes the allowance method or the direct write-off method. Method List 1. Does not estimate an allowance for doubtful accounts 2. Bad debts expense is recorded in the period in which the related sales occur 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. 6. The write-off of a specific customer account directly affects niet income in that period. 6. When an account is written off debit Allowance for Doubtful Accounts