Quiz Ch 05 – Benefits of Using the Percent-of-Sales Method for Uncollectible Accounts

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Why do some companies choose to use the percent-of-sales method for computing uncollectible accounts on Accounts Receivable?

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  • Search Terms: accounts accurate aging allowance and apply. d) are at because: a) by companies computing easier ensures fine for is it method method. c) more net of percent-of-sales quicker realizable receivable reported some than that the their to tunes uncollectible uncollectibles. used value. b)
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