Saturday, October 10, 2020

Which of the following provides an accurate match?

Which of the following provides an accurate match?


A) Percentage-of-receivables method ~ Assets are reported closer to the net amount of cash expected to be collected.

B) Allowance method ~ Receivables are reported net of estimated uncollectible accounts.

C) Percentage-of-credit-sales method ~ Revenues and expenses are better matched.

D) All of the other answers provide an accurate match.


Answer: All of the other answers provide an accurate match

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