Question: Why is the allowance method preferred over the direct write - off method of accounting for bad debts? Group of answer choices Allowance method is

Why is the allowance method preferred over the direct write-off method of accounting for bad debts?
Group of answer choices
Allowance method is used for tax purposes
Improved matching of bad debt expense with revenue
Determining worthless accounts under the direct write-off method is difficult to do
Estimates are used

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