A. The amant recognized as the balance sheet as the cost of inventory will ultimately be recogonized a) cost of goods sold b) operating expenses c) Sales revenue dadministrative expenses 18, which allowance method approach is consideted to be an income statement approach to estimating bad debts. a. The percentage of net credit soles approach b) The direct write off method. a The percentage of accounts receivable apptoach d) The percentage of accounts written off approach desctiption 19, which one of the following is an accutate of the Allowance for Doubtful Accounts a) Revenue Account b) contra Account c) Liability Account d) Expense Account DDDD