menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Generally accepted accounting principles (GAAP) require companies with a large amount of receivables to use a. the allowance method. b. the direct write-off method. c. the estim…
Ask a Question
Questions
Unanswered
Tags
Ask a Question
Generally accepted accounting principles (GAAP) require companies with a large amount of receivables to use a. the allowance method. b. the direct write-off method. c. the estim…
asked
Jun 12, 2023
45.3k
views
12
votes
Generally accepted accounting principles (GAAP) require companies with a large amount of receivables to use
a. the allowance method.
b. the direct write-off method.
c. the estimated method.
d. the sales factor method.
Business
college
Mykola Semenov
asked
by
Mykola Semenov
8.4k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
7
votes
A. The allowance method
Peter Leimbigler
answered
Jun 17, 2023
by
Peter Leimbigler
8.4k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Oct 18, 2021
29.1k
views
All of the following statements regarding valuation of receivables under U.S. GAAP and IFRS are true except:______ A. Both require the allowance method for uncollectibles unless uncollectibles are immaterial.
Zeppaman
asked
Oct 18, 2021
by
Zeppaman
7.5k
points
Business
college
1
answer
0
votes
29.1k
views
asked
Aug 21, 2024
198k
views
What are the equivalent UK GAAP terms for the following? - Statement of profit or loss - Statement of financial position - Non-current asset - Carrying amount - Inventories - Receivables - Irrecoverable
Chlunde
asked
Aug 21, 2024
by
Chlunde
7.8k
points
Business
high-school
1
answer
4
votes
198k
views
asked
Sep 12, 2024
84.1k
views
The direct write-off method is required where? 1) where receivables are a large part of the current assets. 2) by GAAP. 3) for companies that factor their receivables. 4) for federal income tax purposes.
Shihao Xu
asked
Sep 12, 2024
by
Shihao Xu
7.7k
points
Business
high-school
1
answer
4
votes
84.1k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org