What is the main difference between the direct write-off method and the allowance method?.

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Answer 1

Answer:

Under direct write-off method, a bad debt is charged to expense as soon as it is apparent that an invoice will not be paid. Under the allowance method, an estimate of the future amount of bad debt is charged to a reserve account as soon as a sale is made.


Related Questions

What case in Latin would the word boy be in the following sentence? I saw the boy.

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Answer:

The answer is Accusative

He words you say are repeated several times in the sentence. What is the repetition's function?.

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Answer:

Repetition can be used to emphasize something.

Repetition is a favored tool among orators because it can help to emphasize a point and make a speech easier to follow. It also adds to the powers of persuasion studies show that repetition of a phrase can convince people of its truth.

What case in Latin would the word sister's be in the folllowing sentence?

The sister's jacket was on the floor.

Answers

Answer:  quid soror be?

Explanation: is that it

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