Read Accounting Principles Volume 1 , 11th Edition, Chapter 9: Accounting for ReceivablesWatch this video on Bad Debts (Allowance Method, Direct Write Off) and discuss the primary advantages and disadvantages of applying the direct write-off over the allowance method of writing off accounts. Take a position on whether estimating the allowance for doubtful accounts provides the opportunity to distort gross income. Provide support for your rationale.VIDEO LINKhttps://youtu.be/BltYFDV18Wc
