The approach to estimating uncollectible account expense that uses the expense charge as the focal point, and ignores the balance in the allowance for uncollectible accounts, is called the:
a. percentage of total accounts receivable
b. percentage of net credit sales aging of accounts receivable

Question

14-06-2024
Business

Answered

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The approach to estimating uncollectible account expense that uses the expense charge as the focal point, and ignores the balance in the allowance for uncollectible accounts, is called the:
a. percentage of total accounts receivable
b. percentage of net credit sales aging of accounts receivable

Sagot :

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