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What principle assumption or constraint does the direct write off method violate if uncollectibles are significant?
Wiki User
∙ 9y ago
The accounts receivables will need to match the bad debt being written, and therefore this applies to the matching principle in accounting.
Wiki User
∙ 9y ago
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What is the most significant current source of generally accepted accounting principle?
fasb
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What accounting assumption or principle is being violated if a company reports its corporate headquarters building at its fair value on the balance sheet?
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