Match each term related to the comparison between the allowance method and direct write-off method for uncollectible accounts with its description. 26 1 Allowance method 3 Accounts receivable 5 No effect 4 Allowance for Uncollectible Accounts Direct write-off method 2 6 Decrease 7 Bad debt expense 8 Increase Match each of the options above to the items below. The procedure commonly used for financial reporting purposes to account for uncollectible accounts. The procedure commonly used for tax reporting purposes to account for uncollectible accounts. The account to credit when writing off an actual bad debt under the allowance method. The account to debit when writing off an actual bad debt under the direct write-off method. The procedure commonly used for financial reporting purposes to account for uncollectible accounts. The procedure commonly used for tax reporting purposes to account for uncollectible accounts. The account to credit when writing off an actual bad debt under the allowance method. The account to debit when writing off an actual bad debt under the direct write-off method. The account to debit when writing off an actual bad debt under the allowance method. The effect on total expenses when writing off an actual bad debt under the direct write-off method. The effect on total assets when estimating future bad debts under the allowance method. The effect on total expenses when estimating future bad debts under the direct write-off method.
