Question: The ( allowance / direct write - off ) method of accounting for bad debts records estimated bad debts expense in the period when the

The (allowance/direct write-off) method of accounting for bad debts records estimated bad debts expense in the period when the related sales are recorded.
A control account appears in the general ledger and is supported by a subsidiary ledger.
A control account is a separate account that is a detailed record of a general ledger account.
A control account appears in a subsidiary ledger and is supported by a general ledger account.
A control account is updated at the end of an accounting period to reflect the net change in all equity accounts.
Multiple select question.
is a supplementary record to maintain an account for each customer.
is necessary only when a company does not keep a general ledger.
records journal entries that affect accounts receivable.

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