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need the correct answer for number 3 Click to Watch the Tell Me More Learning Objective 4 video and then answer the questions below. 1.
need the correct answer for number 3 Click to Watch the Tell Me More Learning Objective 4 video and then answer the questions below. 1. Under the allowance method for uncollectible accounts, the journal entry to record the estimate of uncollectible accounts would include a credit to a. Accounts Receivable. b. Bad Debt Expense. C. Allowance for Doubtful Accounts. d. None of these choices are correct. 2. Under the allowance method for uncollectible accounts, the journal entry to record the write-off of an account receivable would include a a. credit; Bad Debt Expense b. debit; Bad Debt Expense c. credit; Cash d. credit; Accounts Receivable Bad Debt Experte ... credit: Accounts Rece 3. Which of the following statements is true when comparing the percent of sales method and the analysis of receivables method? a. The analysis of receivables method emphasizes matching revenues and expenses. b. The percent of sales method emphasizes the balance sheet. C. Under the percent of sales method, Bad Debt Expense is the focus of the estimation process. d. All of these choices are correct. Feedback Check My Work Partially correct
need the correct answer for number 3
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