Under the direct write-off method no attempt is made to match bad debts expense to sales revenues in the same accounting period.

Name: Under the direct write-off method no attempt is made to match bad debts expense to sales revenues in the same accounting period.
Brand: Quizplus
Rating: 5.0 (44 reviews)

Question

Quizplus · Accepted Answer

The direct write-off method simply writes off a bad debt as soon as it is identified without regard to when the sale was made. Therefore, there is no attempt to match bad debts expense to sales revenues in the same accounting period.

Under the Direct Write-Off Method No Attempt Is Made to Match