not sure if this is correct please provide detailed explanation The direct write-off...
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not sure if this is correct please provide detailed explanation
The direct write-off method is generally not permitted for financial reporting purposes because a Multiple Choice Accounts receivable are not stated for the amount of cash expected to be collected Compared to the allowance method, it would allow greater flexibility to managers in manipulating reported net income It is too difficult to accurately estimate future bad debts This method is primarily used for tax purposes
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