Question: What two disadvantages are associated with the direct write-off method? Under what condition can a corporation use the direct write off method when preparing the

what condition can a corporation use the direct write off method when

preparing the general purpose financial statements? Under the ALLOWANCE method, if the

What two disadvantages are associated with the direct write-off method? Under what condition can a corporation use the direct write off method when preparing the general purpose financial statements? Under the ALLOWANCE method, if the cash realizable value of the accounts receivable is $94,000 before a $2,700 actual bad debt is written off, what is the cash realizable value of accounts recelvable after the actual bad debt of $2,700 is written off? exact number, no tolerance

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