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PDF Weygandt Financial 2e IFRS Ch08 - Tamkang University The essential features of the allowance method of accounting for bad debts are: (1) Uncollectible accounts receivable are estimated and matched against revenue in the same accounting period in which the revenue occurred. (2) Estimated uncollectibles are debited to Bad Debt Expense and credited to Allowance for Doubtful Accounting 101 - Practice Exams Practice Exams. Exam #1 . Exam #2 Fall 2015 Practice Exams. For the Fall 2015 Exam 2 NOTE: Do not ignore question 49 . Final . Please note that the practice final only has 44 questions on it. Your final will have about 70 questions. Practice exam Answers to final. More practice multiple choice. Answers to practice multiple choice. Even more ...