Unformatted text preview: incurred in that period should be matched against the revenue generated in the same period. It is vital for your company to remain in accordance with GAAP in order to offer stock. I understand that using the direct write-off method will increase your company’s net profit, but it is better to state a lower net profit and still have the ability to offer stock by continuing to use the allowance method....
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- Fall '10
- Accounting, Generally Accepted Accounting Principles, direct write-off method, Leah Celani