Quiz Ch 05 – Methods for Estimating Uncollectible Accounts

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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What are the names of the income statement and balance sheet approaches used for estimating uncollectible accounts?

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  • Search Terms: ________ accounts aging-of-receivables d) aging-of-receivables; allowance b) allowance; approach balance called direct estimating income is method. method. a) percent-of-sales percent-of-sales; sheet statement the to uncollectible write-off c) write-off;
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