Question: QUESTION 4 Allowance method to account for bad debts is: a. There is no risk associated with estimating bad debts expenses b. Does not require

QUESTION 4

  1. Allowance method to account for bad debts is:

    a.

    There is no risk associated with estimating bad debts expenses
    b.

    Does not require recording actual write-off and recovery of bad debts
    c.

    Inaccurately reports accounts receivable
    d.

    Closely follows the matching principle because bad debts are assigned to expenses in the same

    accounting that they occur

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