Question 4 4. Match the following 1 Accounts receivable 2 Bad debt expense 3 Allowance...
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Accounting
Question 4 4. Match the following 1 Accounts receivable 2 Bad debt expense 3 Allowance method 4 Increase 5. Direct write-off method 6. Decrease 7. No offect 8. Allowance for Uncollectible Accounts The procedure commonly used for financial reporting purposes to account for uncollectible accounts The procedure commonly used for tax reporting purposes to account for uncollectible occounts. The account to credit when writing off an actual bad debt under the allowance method The account to debit when writing off an actual bad debt under the direct write-off method The account to debit when writing off an actual bad debt under the allowance method. The effect on total expenses when writing off an actual bad debt under the direct write-off method The effect on total assets when estimating future bad debts under the allowance method The effect on total expenses when estimating future bed debts under the direct write-off method

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