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Which method of accounting for uncollectible accounts receivable uses an estimate based on a percent of sales? a. Direct write-off method b. Allowance method c. Sales factor met…

Which method of accounting for uncollectible accounts receivable uses an estimate based on a percent of sales? a. Direct write-off method b. Allowance method c. Sales factor met…
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6 votes
Which method of accounting for uncollectible accounts receivable uses an estimate based on a percent of sales?

a. Direct write-off method
b. Allowance method
c. Sales factor method
d. Estimated method

asked
User Tim Lum
by
7.6k points

1 Answer

8 votes
B. The allowance method
answered
User Henrik Fransas
by
8.3k points
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