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a. when recording uncollectible accounts expense, it is not possible to
know which specific accounts will not pay.
b.
uncollectible accounts that are written off must be accumulated
in a separate account.
c.
a liability results when a credit sale is made.
d. management needs to accumulate all the credit losses over the
years.
8.
Under the direct write-off method of accounting for
uncollectible accounts, Bad Debts Expense is debited
a. when a credit sale is past due.
b. at the end of each accounting period.
c.
have been made.
whenever a pre-determined amount of credit sales