Saturday, October 10, 2020

The percentage-of-credit-sales method for estimating uncollectible accounts is sometimes described as:

The percentage-of-credit-sales method for estimating uncollectible accounts is sometimes described as:


A) The balance sheet method.

B) The method most used by companies.

C) The income statement method.

D) The percentage-of-receivables method.



Answer: The income statement method.

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