Time Rema This Question: 1 pt 6 of 414 Once an Account Receivable is written off

Question

Time Rema This Question: 1 pt 6 of 414 Once an Account Receivable is written off, can a business ever collect that money? A Both the allowance and direct write-off methods permit a company to collect from a customer who has had an account written off. O B. Only when using the direct write-off method can a company collect from a customer who has had an account written off O C. Only when using the allowance method can a company collect from a customer who has had an account written off O D. No GAAP does not allow a company to collect any amounts from a customer who has had an account written off on to uizl pe re to sea

Explanation / Answer

a) Option A is Correct

Both the allowance and direct write off permits to Collect money

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.