All of the Following Are True for a Company That Uses the Allowance Method of Accounting for Bad Debts, Except:
a) The company estimates and records potential bad debts at the end of each period.
b) The company writes off specific bad debts when identified as uncollectible.
c) The company records bad debt expense when a sale is made on credit.
d) The company records bad debt recoveries when previously written-off debts are collected.