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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
For a company with significant uncollectible receivables, the direct write-off method is unsuitable because ________.
A) companies are not able to track customer payment histories
B) it uses estimates for determining the bad debt expense
C) it violates the matching principle
D) it overstates liabilities on the balance sheet
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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