Using the allowance method is bad debt expense recognized in A the period in which sales related to the noncollectable account are made or B the period in which the seller learns that the customer is unable to pay?
Using the allowance method, bad debt expense is recognized in the period in which the sale related to the uncollectible account was recorded.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.