Match each description to the appropriate term (a-i).
-Records bad debt expense only when a specific customer's account is deemed worthless
A)Accounts receivable turnover
B)Net realizable value
C)Accounts receivable
D)Aging the receivables
E)Receivables
F)Direct write-off method
G)Allowance for doubtful accounts
H)Bad debt expense
I)Notes receivable

Question

Quizplus · Accepted Answer

The direct write-off method is the one that records bad debt expense only when a specific customer's account is deemed worthless.

Match Each Description to the Appropriate Term (A-I)