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040 QUESTION 12 Under the allowance method of recognizing uncollectible accounts, the entry to write of an uncollectible account Areas the balance in the allowance

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040 QUESTION 12 Under the allowance method of recognizing uncollectible accounts, the entry to write of an uncollectible account Areas the balance in the allowance for bad debt count has no effect on the balance in the allowance for bad debits account can act on not com Doraes not come QUESTION 13 When compared to the percentage of sales method to estimate bad debt expense, the aging of accounts receivable method A a more accurate balance sheet but a less accurate income statement B. a more accurate income statement but a less accurate balance sheet C. more accurate balance sheet as well as more accurate income statement D. better matching of expenses to revenues

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