Question: what is the difference between the direct write off and allowance method of writing off bad debts?

what is the difference between the direct write off and allowance method of writing off bad debts?

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What is the difference between the direct write-off method and the allowance method of writing off bad debts?

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please explain with details. What is the difference between the direct write-off method and the allowance method for writing off bad debts? Which one is preferred by GAAP and why

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