Match each description to the appropriate term (a-d). Each term may be used more than once.
-With this method, there is no allowance account.
A)Direct write-off method
B)Aging of receivables method
C)Percent of sales method
D)Allowance method

Question

Quizplus · Accepted Answer

The direct write-off method does not use an allowance account and instead directly writes off the uncollectible accounts as expenses when they become uncollectible.

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