Question
The method being used to determine the amount of the allowance for doubtful debts that relies on a schedule in which customers balances are classified
The method being used to determine the amount of the allowance for doubtful debts that relies on a schedule in which customers’ balances are classified by the length of time they have been unpaid, is known as the:
a.
net realisable method.
b.
conservatism method.
c.
direct write-off method.
d.
ageing of accounts receivable method.
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
2nd edition
9780077493677, 78025516, 77493672, 9780077826482, 978-0078025518
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