Question: Study Indicate whether each statement best describes the allowance method or , the direct write - off method. table [ [ List , ]

Study
Indicate whether each statement best describes the allowance method or, the direct write-off method.
\table[[List,],[1. Usually does not best match sales and expenses because Bad Debts Expense is not recorded until an account,],[becomes uncollectible, which usually occurs in a period after the credit sale.,],[2. When an account is written off, the debit is to Bad Debts Expense.,],[3. Does not predict Bad Debts Expense.,],[4. Accounts receivable on the balance sheet is reported at net realizable value.,],[5. Estimates Bad Debts Expense related to the sales recorded in that period.,],[6. Matches the estimated loss from uncollectible accounts receivable against the sales they helped create.,]]
Study Indicate whether each statement best describes the allowance method or,

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