under the direct write-off method of accounting for uncollectible accounts, bad debts expense is debited

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amusgrave5879 amusgrave5879

01-12-2021
Business

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under the direct write-off method of accounting for uncollectible accounts, bad debts expense is debited

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Tundexi Tundexi · Answer 1 · 2021-12-14T12:35:08+01:00

Bad Debts Expense is debited when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,

Bad Debts Expense refers to the portion of account receivables that a firm has assumes not be recoverable from the debtor.

In conclusion, the Bad Debts Expense is debited when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,