Why smaller companies choose direct method to write off uncollectible accounts? a. Uncollectible amount will be material b. Uncollectible amount will be immaterial c. There will not be any uncollectible accounts d. None of the options

Why smaller companies choose direct method to write off uncollectible accounts? a. Uncollectible amount will be material b. Uncollectible amount will be immaterial c. There will not be any uncollectible accounts d. None of the options

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

30. Why smaller companies choose direct method to write off uncollectible accounts? a. Uncollectible amount will be material b. Uncollectible amount will be immaterial c. There will not be any uncollectible accounts d. None of the options

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