Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 47 - No. 17)
When is it appropriate to use the direct write-off method for uncollectible accounts?
For all businesses.
When bad debts are immaterial.
When the company is required to by law.
Only when the allowance method is not used.
Explanation
It is only used when the amount is insignificant to the financial statements.
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